U.S. stocks could face more pressure this week unless investors get some relief from worries about Europe, jobs and the toll they might take on the economic recovery.
U.S. stocks could face further pressure next week unless investors get some relief from worries about Europe, jobs and the toll they might take on the economic recovery.
Wall Street was little changed on Thursday, erasing earlier gains as lackluster May retail sales offset data reinforcing optimism that tomorrow's payroll report would be strong.
Walt Disney Co expects retailers to sell $2.4 billion in Toy Story 3 merchandise this fiscal year, potentially the company's biggest licensing windfall from a single film.
The euro and Asian stocks slipped on Tuesday on creeping suspicion that a peak in the recovery has passed and slowing growth in China and Europe in the second half of the year will be obstacles to risky trades.
The euro and Asian stocks slid on Tuesday with creeping suspicion that a peak in the recovery has passed and slowing growth in China and Europe in the second half of the year will be obstacles to risky trades.
The AUD has opening relatively unchanged this morning due to the quiet offshore trading session as the US and UK markets were closed for public holidays.
J.D. Power and Associates raised its forecast for 2010 U.S. light-vehicles sales to 11.8 million from 11.7 million based on stronger fleet sales, it said on Thursday.
Retail sales rose and industrial production powered ahead in April, further evidence the economic recovery was strengthening and broadening out.
U.S. retail sales rose and industrial production powered ahead in April, further evidence the economic recovery was strengthening and broadening out.
Sales at U.S. retailers rose more than expected in April, lifted by a surprise gain in motor vehicle purchases, government data showed on Friday.
Sales at U.S. retailers rose more than expected in April, raising cautious optimism that a recent bounce in consumer spending can be sustained.
Stock index futures fell on Friday on worries about the impact of heavy euro-zone debt loads on the global recovery, while investors were cautious ahead of retail sales data.
Stock index futures were lower on Friday as investors awaited a round of data, including consumer sentiment, that will provide a picture on the strength the economic recovery.
Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 fell 0.2 to 0.3 percent at 4:54 a.m. ET, pointing to a weaker start on Wall Street on Friday.
Gold climbed to a second successive record high on Wednesday as investors bet that a proposed $1 trillion European rescue will either fail to prevent a worsening euro zone crisis or will stoke inflation.
The extreme market volatility of recent days has shaken investors, who still are seeking a clear explanation of what sent U.S. stocks into Thursday's dizzying intraday spiral.
The extreme market volatility of recent days has shaken investors, who still are seeking a clear explanation of what sent U.S. stocks into Thursday's dizzying intraday spiral.
U.S. stock index futures pointed to a lower open on Thursday after weaker-than-expected retail sales and the European Central Bank left monetary policy unchanged, disappointing investors who hoped the ECB would prevent a debt crisis from engulfing the euro zone.
The Australian Dollar fell again overnight, trading to a low of USD0.9025 due to ongoing risk aversion.
Electronics and luxury items were the fastest-growing U.S. sales categories in the retail sector in April, but weakness in apparel suggests that a sustained recovery in overall retail may be too soon to call, according to a report released on Tuesday.
The U.S. economy expanded at a 3.2 percent annual rate in the first quarter as consumers stepped up spending, the strongest sign yet a sustainable recovery is taking hold.
