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U.S. retailers' April performance surprises

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NEW YORK - U.S. retailers reported better-than-expected monthly sales figures for a second straight month in April, offering fresh evidence that consumers' willingness to spend is warming up with the spring weather.

GM seen posting deep loss as deadline looms

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General Motors Corp is expected to report a deep loss on Thursday for the first quarter in its last earnings report before the deadline for a restructuring that would wipe out current shareholders.
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S&P futures lower on profit taking, stress tests eyed

S&P stock index futures pointed to a slightly lower open on Tuesday with investors set to take profits after a recent runup while the results of government stress tests on the financial sector remained a focus.
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Nasdaq up, but Chrysler hits Dow and S&P

The Nasdaq rose on Thursday while the Dow industrials and S&P 500 declined as upbeat corporate profits and reassuring job market data offset investors' anxiety about Chrysler's bankruptcy filing.
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Wall Street drifts as data offsets bank fears

U.S. stocks rose modestly on Tuesday as a dividend hike at IBM and reassuring data that could signal a bottom in the economic cycle offset concerns that major banks may need to raise more money.
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Stock futures lower on bank, global flu jitters

Stock futures pointed to a lower open on Tuesday as a report that Bank of America Corp and Citigroup Inc may need more capital revived fears about the stability of the struggling financial sector.
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Wall Street falls as flu fears dampen economy hopes

Stocks fell on Monday as concerns that a possible global flu outbreak could dampen optimism about the economy overshadowed a cost-cutting plan from General Motors Corp and gains in biotechnology stocks.
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Wall Street up on positive earnings, outlooks

Stocks rose on Wednesday as several corporate executives gave positive outlooks that eased concerns about the global recession, while better-than-expected results from AT&T Inc lifted technology shares.
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S&P, Nasdaq fall as Intel drags

The S&P and Nasdaq indexes slipped on Wednesday in choppy trading as tech shares tumbled after Intel Corp said uncertainty ruled out a clear revenue forecast, underscoring worries about a lack of corporate visibility ahead.
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Goldman sells stock in duty to repay TARP

Goldman Sachs Group Inc sold $5 billion of stock to help fulfill what it called its duty to repay a federal bailout, but the government worries a quick return of funds could pressure other banks to repay their aid prematurely.
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Boeing, energy shares take Wall St lower

U.S. stocks fell on Monday as energy shares slid along with oil prices' sharp drop on worries that demand will fall further, while Boeing's profit warning increased caution before earnings later this week.
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Rally's fate turns on bank results

If Wells Fargo's strong first-quarter preliminary performance is any sign, stocks could rally further this week on any reassuring news when three other big banks post quarterly results.
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Retailers' sales beat expectations

Many U.S. retailers posted smaller-than-expected sales declines for March in a sign that shoppers may be regaining confidence to open their wallets after more than a year of recession.
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Wall Street slumps on earnings, GM anxiety

Stocks tumbled on Tuesday on jitters over what is expected to be another bleak earnings season and following news General Motors was said to be in intense preparations for a possible bankruptcy filing.
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Wall Street sinks on banks, tech

Stocks slid on Monday, as bank shares fell after a widely-followed analyst recommended investors reduce or sell holdings of several large bank stocks, sapping recent optimism on the health of the financial sector.
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Wall Street stocks sink on banks, tech

Stocks slid on Monday, as bank shares fell after a widely-followed analyst recommended investors reduce or sell holdings of several large bank stocks, sapping recent optimism on the health of the financial sector.

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