Wall Street Not Buying Retail&#39;s Optimism
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Top US retailers reported double-digit profit gains in the third quarter, with industry titan Wal-Mart Stores Inc. leading the pack and brightening its outlook for the key holiday season underpinned by the recent drop in oil prices.
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NEW YORK - Third-quarter earnings are meeting Wall Street&#39;s expectations, but the lack of company forecasts on future earnings - or disappointing outlooks in many cases - is starting to have investors worried.
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Wall Street pulled back today amid light volume as investors refrained from making any big bets ahead of the Federal Reserveâs rate decision.
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US blue chips hovered near the unchanged mark on Monday as a disappointing sales forecast from Wal-Mart Stores Inc. , the world&#39;s biggest retailer, offset the effect of easing oil prices.
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The grocery chain is struggling to turn itself around. Will investors keep the faith?
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NEW YORK Sept. 26, 2004 - When nervous consumers hold on to their money, Wall Street gets nervous about profits. So the question investors hope will be answered in the coming week is, just how nervous are consumers these days?
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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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U.S. stock futures got a slight boost  on Friday after a report showed U.S. retail sales rose in  October, but the market still looked to open flat, pulling back  from the previous day's rally as oil prices nudge higher.
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The stock market has been on the upswing, but few investors are relaxing just yet. This week's data on housing, retailers and labor costs will give Wall Street an idea of whether the economy is weakening or inflation is accelerating Â or both.
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Wall Street recovered on hopes of a Fed rate cut, but still traded lower, cautious about Merrill Lynchâs credit-related losses and a sharp drop in home sales.
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NEW YORK -- Wall Street suffered a sharp pullback Monday as investors returned from the Thanksgiving weekend with questions about the strength of the retail sector following a rare sales decline at Wal-Mart Stores Inc. The Dow Jones industrials fell 125 points.
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As investors place bets on whether the economy will experience a hard or soft landing. One Wall Street veteran suggests a third possible outcome Â no landing at all.
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NEW YORK - U.S. stocks are seen opening in a subdued mood with the release of August's retail sales report likely to influence overall sentiment...
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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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U.S. stocks were flat on Wednesday as renewed worries about the outlook for interest rates wiped out early gains notched up on news of strong retail sales and a flurry of takeover activity.
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Investors may want to shop elsewhere for inexpensive retail stocks.
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U.S. stocks were flat on Thursday,   with investors hesitant to make big bets on equities before   Friday's jobs report and as retailers posted mixed sales.