Weak retail sales set to hit US stocks
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Wall Street stocks were set for a lacklustre start on Thursday after Capital One Financial (NYSE:COF) slashed its full-year guidance and US retailers delivered some disappointing December sales figures.
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Wall Street futures pointed to a lower opening on Wednesday as the market got set to repond to worse than expected data on US worker productivity and continuing fears about inflation.
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U.S. stocks could face a challenge next week to bounce back from Friday's post-Thanksgiving drop unless there's some tempering of the dollar's weakness that sparked the sell-off.
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U.S. stocks were a little lower on  Tuesday, under pressure from worry that higher oil prices will  cut into corporate profits and consumer demand, and retail  sales data that declined more than expected in August.
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U.S. technology shares were expected  to open lower on Thursday, weighed down by a sales warning from  Applied Materials Inc. AMAT.O, while S&P and Dow stock  futures were flat before weekly jobless claims data.
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NEW YORK : US stocks ended mainly lower Monday as a lower sales outlook from retail giant Wal-Mart dented the impact of a drop in crude oil futures.
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A disappointing sales forecast from Wal-Mart sent stocks mostly lower yesterday as investors worried that oil prices, which stabilized after last week&#39;s highs, would curb
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Crucial US holiday sales launched with a flop, retailers reported.
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An earnings warning from Lowe&#39;s Cos Inc   and a slashed September sales forecast from Target Corp   hammered retail stocks on Tuesday as skittish consumers  rein in spending, fueling concerns that the holiday shopping  season could be the weakest in years.
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U.S. retail sales fell unexpectedly in December to close out the weakest year at the cash register since 2002, data showed on Tuesday, the strongest signal yet that the economy may be sliding into recession under the weight of a housing and credit crisis.
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U.S. stocks headed for a lower open Tuesday ahead of economic data on housing as well as a handful of quarterly results from blue chip names including Coca-Cola Co., Intel Corp. and Merrill Lynch.
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Shares on Wall Street looked set for a weaker start on Wednesday as concerns about the U.S. subprime mortgage market resurfaced ahead of U.S. housing and key inflation data and a slew of corporate earnings.
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U.S. stock futures pointed to a firmer  open on Thursday, following a weak start to the New Year, with  investors sharply focused on how the holiday shopping season  shaped up as a slew of companies reported sales figures.
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Stocks tumbled after a weak sales estimate by Wal-Mart spurred concerns about the holiday shopping season.
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US stocks looked set to open lower on Monday as oil prices approach record levels, fueling concerns that high energy costs are biting into corporate profits and consumer spending.
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Wall Street was set for a weaker start on Wednesday, taking a cue from an uptick in crude oil prices, while investors will also watch out for home sales data.
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US retail sales and industrial output slow as the economy is hit by the housing slump and credit squeeze.