Stock index futures pointed to a flat open on Tuesday as strong earnings from Goldman Sachs lifted bank shares and investors awaited the latest news on the consumer from Johnson & Johnson results and U.S. retail sales for March.
S&P 500 stock index futures were slightly lower on Tuesday as investors digested Goldman Sachs's plan to issue equity after strong earnings, and prepared for Johnson & Johnson results and economic data.
U.S. retailers will continue to face difficulties in the second quarter as both traffic and sales levels are expected to post steady declines versus the same period last year, according to retail research and information company ShopperTrak.
Revolution Money, an online payment firm backed by AOL co-founder Steve Case, said on Monday it has received funding of $42 million from a group that includes a Goldman Sachs affiliate and earlier investors Citigroup and Morgan Stanley .
Revolution Money, an online payment firm backed by AOL co-founder Steve Case, said on Monday it has received funding of $42 million from a group that includes a Goldman Sachs affiliate and earlier investors Citigroup and Morgan Stanley .
The number of U.S. workers filing new claims for jobless benefits surged to a 26-1/2-year high last week, data showed on Thursday, indicating that layoffs have yet to peak even as other reports signaled some improvement in the economy.
The number of U.S. workers filing new claims for jobless benefits surged to a 26-1/2-year high last week, data showed on Thursday, indicating that layoffs have yet to peak even as other reports signaled some improvement in the economy.
U.S. auto sales fell 37 percent in March, a smaller-than-expected drop that encouraged hope that the world's largest car market is nearing a bottom after a freefall that has pulled the industry into a deepening crisis.
U.S. auto sales fell 37 percent in March, a smaller-than-expected drop that encouraged hope the world's largest car market is nearing a bottom after a freefall that has pulled the industry into a deepening crisis.
The U.S. recession may be easing, but the economy has not hit bottom yet and mounting unemployment looks likely to keep demand sluggish for a while. While the economy still appears on a downward path, the slope is not as steep as many had feared.
Japan slipped to the brink of deflation and inflation in Europe slid closer to zero, underlining a threat to the world economy before next week's G20 summit which is supposed to produce a cure for the crisis.
Japan slipped to the brink of deflation and inflation in Europe slid closer to zero, underlining a threat to the world economy before next week's G20 summit which is supposed to produce a cure for the crisis.
Top Federal Reserve officials hinted on Thursday that the long U.S. economic downturn could be in its final stages, although the early stages of recovery will likely be far from stellar.
New orders for long-lasting U.S.-made goods rose in February for the first time in seven months and new home sales rebounded, government data showed on Wednesday, suggesting the economic downturn might be easing a bit.
U.S. retail sales of Apple Inc's Mac computers fell 16 percent in February on a unit basis, even as low-cost netbooks helped Windows-based PCs sales rise 22 percent, research group NPD said on Monday.
U.S. retail sales of Apple Inc's Mac computers fell 16 percent in February on a unit basis, even as low-cost netbooks helped Windows-based PCs sales rise 22 percent, research group NPD said on Monday.
HONG KONG - Asian stocks rose on Friday, with Japan's Nikkei up 4 percent, helped by a smaller-than-expected decline in U.S. retail sales and hopes that the largest U.S. banks will survive without a government takeover.
China said it was ready to pump more money into its economy and saw a pick-up in trade, offering another glimmer of hope for the battered global economy as signs that big U.S. banks may be turning around lifted world stocks.
Asian stocks rose for a fourth day on Friday, with Japan's Nikkei up 4 percent, helped by a smaller-than-expected decline in U.S. retail sales and hopes that the largest U.S. banks will survive without a government takeover.
Oil rose more than 11 percent to top $46 a barrel on Thursday following better-than-expected U.S. February retail sales data and ahead of a weekend OPEC meeting.
Oil rose more than 10 percent to top $46 a barrel on Thursday, following better-than-expected U.S. February retail sales data and ahead of a weekend OPEC meeting.
Oil rose nearly 7 percent to top $45 a barrel on Thursday encouraged by U.S. February retail sales data and ahead of a weekend OPEC meeting.
