Retailer discounts may not stretch stocks rally
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U.S. stocks may not extend their  recent rally much further this year, even though the holiday  shopping season took off with a busy start as retailers lured  consumers with deep discounts.
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With Boxing Day falling on a Sunday, retailers reported more modest crowds than in the past at annual discount sales. But they expect to do brisk business this week, as many Canadians will not return to work until the new year.
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Wall Street's merger-fueled rally may continue next week, so long as Friday's payrolls report and other economic news don't spoil the party.
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The big three in discount retailers look like a good bet in a slowing economy.
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The Dow industrials and S&P 500 stock gauges were little changed on Tuesday as investors concluded that higher-than-expected inflation figures would not necessarily lead to higher interest rates.
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Stocks could still escape a full-blown bear market, but it is not looking likely now.
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U.S. stocks were little changed on Thursday after November sales for retailers highlighted some strong performances such as Federated Department Stores Inc. but raised worries about store chains like J.C. Penney Co. Inc.
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Can these stocks keep up their momentum?
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FEW things stir the heart of stock investors like a huge merger deal. And last week&#39;s shotgun wedding between Kmart and Sears, two limping retailers, was no exception.
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Sales slow, margins contract -- but the price is nice.
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Major U.S. retailers reported modest  gains in November sales on Thursday, as discounting lured  customers, but high energy prices and nagging concerns about a  soggy job market kept buying in check.
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U.S. stocks were little changed on Wednesday after weaker-than-expected consumer sentiment data before the start of the holiday shopping season offset strong earnings from Dell Inc.
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Wall Street was set to start higher on  Tuesday to recoup some of the prior session's losses, though  high-profile retailer Amazon.com AMZN.O may come under  pressure after a broker downgrade.
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Toys R Us&#39; (TOY.N: Quote, Profile, Research) earnings report on Monday was nothing special, but some traders think the company&#39;s upcoming holiday sale season could be impressive.
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Retail chains from discounters like Kmart to department stores like Sears are under renewed scrutiny, not so much for what they sell as for the ground they stand on.
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Savvy investors can find retail bargains -- but not everything's on sale.
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U.S. stocks mostly edged higher on Tuesday after growing optimism the Federal Reserve will soon make another cut in interest rates offset warnings from two leading retailers and weak economic data.