U.S. wholesale inventories fell unexpectedly in January and sales hit their highest in more than a year, suggesting businesses will soon need to begin restocking, which would support economic growth.
Bank and technology shares lifted Wall Street on Wednesday on hopes the sectors may be poised for a recovery as the U.S. economy improves.
Ten years ago today, before the dot-com bubble burst, the Nasdaq composite index hit a record 5,132.52 points -- a peak that the technology-heavy market shows no sign of scaling again any time soon.
The S&P 500 rose on Wednesday as investors snapped up shares of bailed-out financial companies on hopes the sector may be poised for a recovery as the U.S. economy improves, while a drop in oil producer Chevron's stock pushed the Dow slightly lower.
Boeing Co is poised to win a sole-source U.S. contract for aerial tankers that could provide a much-needed boost for the company, but the impact is less certain on Northrop Grumman Corp , which dropped out of the race.
Telecom firms risk losing a key revenue stream to rivals like Google by leaving valuable customer client data largely untapped and hesitating to invest extra cash to leverage customer information.
The stock market edged higher on Wednesday as stocks in the transportation and financial sectors made significant gains.
U.S. stocks drifted higher on Wednesday following several merger and acquisition deals, overshadowing an unexpected drop in January wholesale inventories.
The U.S. stock market is poised for a slightly lower opening after disappointing data from Germany and the U.K.
U.S. stock index futures pointed to a flat open on Wednesday as investors awaited January wholesale sales and inventory data and digested a slew of new corporate deals.
U.S. stock index futures barely budged on Wednesday after data showed Chinese exports and imports grew faster than expected and after a slew of new corporate deals.
U.S. stock index futures barely budged on Wednesday after data showed Chinese exports and imports grew faster than expected and after a slew of new corporate deals.
Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 0.07 percent, Dow Jones futures up 0.09 percent and Nasdaq 100 futures up 0.25 percent.
Concerns over Europe's fiscal problems hit the euro and sterling on Wednesday, while world stocks hovered near their recent six-week highs, though they were still up 66 percent from a low hit one year ago.
Asian stocks hovered near six-week highs on Wednesday as Chinese data showed exports and imports in February were better than expected, while the euro and the pound suffered on renewed concerns about Europe's fiscal problems.
The S&P 500 Index has rallied about 70 percent in the last 12 months. It experienced a correction that started late January, set off by Greece woes and Chinese monetary tightening.
One year to the day after stocks fell to their worst close in more than 12 years, the U.S. market spent most of Tuesday spinning its wheels.
The U.S. stock market rallied on Monday as the session marked the one year anniversary of the 2009 market bottom.
U.S. stocks rose on Tuesday, the anniversary of the market lows reached in the recession, as gains in transportation and telecommunications shares signaled the recovery remained intact.
U.S. stocks edged higher on Tuesday, the one-year anniversary of the market lows reached in the recession, helped by gains in industrial shares as optimism about the recovery remained intact.
Supermarket operator Kroger Co posted a higher-than-expected profit though margins fell on higher health care and labor costs, and it raised the upper limit of its full-year forecast.
Airbus parent EADS has ruled out making a solo bid for a lucrative U.S. tanker contract after its partner pulled out and said production problems on its A380 superjumbo would hit core profit this year.
Stocks were little changed on Tuesday, the anniversary of the market lows reached in the recession, with weakness in banks offset by strength in transportation stocks.
The U.S. stock market is slightly down Tuesday morning as rating agencies published concerns about Portugal and the U.K.
Stock index futures pointed to a modestly lower open on Tuesday, the anniversary of the lows reached in the recession, as the dollar strengthened and pressured commodity prices.
U.S. stock index futures fell on Tuesday, the anniversary of the lows reached in the recession, as the dollar strengthened and pressured commodity prices.
World stocks slipped on Tuesday from the previous day's six-week high and oil fell nearly 2 percent, while the yen rose broadly as investors grew cautious after a recent rally in riskier assets.
Stock index futures fell on Tuesday, the anniversary of the lows reached in the recession, as the dollar strengthened and pressured commodity prices.
U.S. stock index futures fell on Tuesday as commodities weakened ahead of a report expected to show another increase in crude oil inventories, a bearish sign for demand in the world's largest energy consumer.
Stock index futures pointed to a lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.36 percent, Dow Jones futures down 0.26 percent and Nasdaq 100 futures down 0.23 percent at 1049 GMT (5:49 a.m. ET).
