Stocks rose on Thursday after several top U.S. retail chains reported better-than-expected sales in June and new claims for jobless benefits fell more than forecast.
U.S. stock index futures were little changed on Thursday after posting their biggest one-day gains in about six weeks and as investors readied for data on jobless claims and retail sales for clues about the direction of the economy.
U.S. retail sales are expected to have risen in June due to warm weather and a late Memorial Day, but the gains may be just a temporary reprieve in an uncertain economy.
Bearish bets in the equity options market, coupled with an increasingly sour view from a technical perspective, suggest stocks will struggle to break from a vicious two-month downtrend this week.
Bearish bets in the equity options market, coupled with an increasingly sour view from a technical perspective, suggest stocks will struggle to break from a vicious two-month downtrend next week.
Auto sales slipped in June from the previous month's pace and major automakers said there was no sign of the definitive second-half recovery that the battered industry had expected at the start of the year.
Renewed concerns over the outlook for global growth have spurred another sell off in the commodity currencies, sending the AUD back through USD0.8400 overnight.
Manufacturing in New York state grew in June even as hiring slowed, supporting views the factory sector is recovering, while import prices recorded their largest decline in nearly a year in May.
Manufacturing in New York state grew in June even as employment declined, supporting the view the factory sector is recovering, while import prices recorded their largest decline in nearly a year in May.
Good morning dear traders, welcome in a new trading week. There was not much action last Friday in EURUSD. In comparison to EURUSD the Cable had a real moving down after bad news of UK.
Gold prices extended gains while oil dropped at the end of this week's trade in New York. US gold futures for delivery in August gained $8, or 0.7 per cent, to $1,230.20 on the Comex in New York. The metal gained 1 per cent this week.
After clawing its way back above $75 a barrel on Thursday for the first time in four weeks, the benchmark oil futures contract fell back again on Friday on news of an unexpected decline in retail sales in the U.S.
Sales at U.S. retailers unexpectedly fell in May for the first time in eight months, but a jump in consumer sentiment to a near 2-1/2 year high in early June tempered fears of a slowing economic recovery.
Stocks rose in a late rally on Friday as a strong forecast from a chip maker lifted tech shares and helped alleviate concerns about the economy's health after an unexpected drop in retail sales.
Stocks rose in a late rally on Friday as a strong forecast from a chip maker lifted tech shares and helped alleviate concerns about the economy's health after an unexpected drop in retail sales.
Stocks rose in light volume on Friday as a strong forecast from a chip maker lifted tech shares and helped relieve concerns about the economy's health after an unexpected drop in retail sales.
Stocks mostly fell on Friday, tracking an unexpected decline in retail sales that raised concerns about the health of consumers, a key component of the economic recovery.
Stocks mostly fell on Friday, tracking an unexpected decline in retail sales that raised concerns about the health of consumers, a key component of the economic recovery.
The Dow and the S&P 500 declined on Friday as May retail sales unexpectedly fell, though a better-than-expected read on June consumer sentiment and strength in tech lifted the Nasdaq.
The Dow and the S&P 500 declined on Friday as May retail sales unexpectedly fell, though a better-than-expected read on consumer sentiment and strength in tech lifted the Nasdaq.
Sales at retailers unexpectedly fell in May for the first time since September, pulled down by a record slump in purchases of building materials, according to a government report on Friday that added to fears the economic recovery was losing some muscle.
Sales at retailers unexpectedly fell in May for the first time in eight months, but a jump in consumer sentiment to a near 2-1/2 year high in early June eased fears of a slowdown in the economic recovery.