Wall Street was set to open flat to higher on Thursday, with investors eyeing retail sales and weekly jobless data for fresh insight into the state of the recession-hit economy.
Wall Street was set to open flat on Thursday, with investors eyeing retail sales and weekly jobless data for fresh insight into the state of the recession-hit economy.
Wall Street may be losing its luster for new U.S. college graduates who are increasingly looking to the government for jobs that enrich their social conscience, if not their wallet.
U.S. stocks fell on Wednesday on worries that rising interest rates could put a damper on consumer and business spending, but stocks pared losses late in the session to finish off the day's lows.
Oil prices surged to a seven-month high near $72 a barrel on Wednesday after a U.S. government report showed a slowdown in crude imports eating away at inventories in the world's top energy user.
Stocks fell on Wednesday on worry that rising interest rates could put a damper on consumer and business spending.
Stocks fell on Wednesday on worry that rising interest rates could put a damper on consumer and business spending.
Stocks fell on Wednesday, with the Nasdaq dropping 1 percent, on concern that surging oil prices may hurt an economic recovery, pulling down shares of technology companies and big manufacturers.
Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 1.3 percent, Dow Jones futures up 1.2 percent and Nasdaq 100 futures up 1.1 percent.
Stock futures pointed to a sharply higher open on Wednesday, as surging prices for oil and other commodities drove a global equities rally and Home Depot raised its outlook.
Stock futures pointed to opening gains of more than 1 percent on Wednesday, following a rally in global stock markets underpinned by higher commodity and energy prices.
U.S. stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 1.3 percent, Dow Jones futures up 1.2 percent and Nasdaq 100 futures up 1.1 percent.
World stocks rose for a second day in a row on Wednesday as improving economic data in Asia and a weak dollar pushed oil to a fresh 7-month high above $71 a barrel, fuelling gains in resource-related stocks.
Commodity-related shares led Asian stocks higher on Wednesday, snapping a two-day decline, after metals and oil prices rallied on a decline in the U.S. dollar and as hopes grew for stronger Chinese industrial demand.
The Nasdaq rose on Tuesday after an improved outlook from Texas Instruments lifted technology stocks, but news that 10 big banks will repay TARP funds failed to stir investor enthusiasm.
The Nasdaq rose on Tuesday after an improved outlook from Texas Instruments lifted technology stocks, but gains on other indexes were limited as plans by big banks to repay government bailout funds raised concerns whether the move would help the economy recover.
The Dow industrials turned negative on Tuesday while the S&P 500 and Nasdaq pared gains on concerns that banks' repayment of government bailout money may hurt the economic recovery.
Stocks were set to open higher on Tuesday after Texas Instruments raised its quarterly outlook, underpinning other technology stocks, while rising oil prices boosted energy shares.
Dow Jones futures fell 0.1 percent, S&P 500 futures also fell 0.1 percent while Nasdaq futures rose 0.2 percent by 5:25 a.m. EDT, pointing to a mixed open for Wall Street's main indexes on Tuesday.
Dow Jones futures fell 0.1 percent, S&P 500 futures also fell 0.1 percent while Nasdaq futures rose 0.2 percent by 0925 GMT, pointing to a mixed open for Wall Street's main indexes on Tuesday.
World stocks rose on Tuesday, led by a rebound in Europe, while the dollar slipped and investors sought fresh signs that the global economy is at least not getting worse.
U.S. stocks slid on Monday after McDonald's Corp posted lighter-than-expected May sales and investors worried that rising interest rates may hamper a recovery.
U.S. stocks rebounded late on Monday to end flat, shrugging off lighter-than-expected sales from McDonald's and lowered iPhone prices from Apple .
(Corrects reason for McDonald's shares falling and removes reference to warning on profit impact of forex hit)
U.S. stocks rebounded late on Monday to end flat, shrugging off lighter-than-expected sales from McDonald's and lowered iPhone prices from Apple .
Oil prices slipped toward $68 a barrel on Monday, pressured by a stronger U.S. dollar and weakness on Wall Street.
Stocks fell on Monday after McDonald's Corp posted lighter-than-expected monthly sales and a report that Apple Inc would price new iPhones aggressively, signaling that consumer spending may remain a concern.
Oil prices rose slightly on Monday as dealers expected U.S. inventory data this week to show a decline in stockpiles, but gains were limited by a stronger dollar and weaker equities.
McDonald's Corp posted lighter-than-expected May sales at U.S. restaurants open at least 13 months, sending shares of the world's biggest hamburger chain and its rivals lower on Monday.
U.S. stocks fell on Monday after McDonald's Corp warned that second-quarter profit may be hurt by currency swings and as investors worried that the ongoing rise in interest rates could hamper a recovery.
