STOCKS FORFEIT HUGE RALLY: Here's What You Need To Know - Yahoo Finance
But the company also noted that Hong Kong sales were disrupted by last year's pro-democracy protests. On the data front, the Census Bureau will report December's retail sales number at 8:30 a.m. ET. At 2 p.m. the U.S.
Stocks rebound; Alcoa beats; Oil price slide continues - Yahoo News
Eastern time. The Standard & Poor's 500 index rose 22 points, or 1.1 percent, to 2,050. The Nasdaq composite increased 59 points, or 1.3 percent, to 4,723. The price of oil fell again.
Stocks Open Higher After Two Days of Declines - ABC News
The Dow Jones industrial average fell 27.16 points, or 0.15 percent, to 17,613.68, the S&P 500 lost 5.23 points, or 0.26 percent, to 2,023.03 and the Nasdaq Composite dropped 3.21 points, or 0.07 percent, to 4,661.50. The losses extended the recent decline to a third day. The S&P 500 is now down 3.2 percent since its Dec. 29 record high, marked by concerns about plunging oil prices, global economic weakness and Greeces potential exit from the euro zone. A reduction in the amount to hedging in the market as shown by options on the CBOE Volatiity index suggests some investors may be more exposed to big flucutations in the stock market, said Joe Bell, senior equity analyst at Schaeffers Investment Research in Cincinnati.
Stocks dip in volatile session | New Hampshire
Additionally, the Job Openings and Labor Turnover Survey, or JOLTS report , from the image source BLS showed that job openings surged to another post-crisis high in November. And following these reports, economists could barely contain their excitement. 2. Following the one-two punch of data suggesting an increase in wages and more job openings , Chris Rupkey at Bank of Tokyo-Mitsubishi said, "The labor market isn't just healing it is red hot with nearly 5 million jobs available. Slack in the economy isn't just going away; it's all but evaporated." Ian Shepherdson at Pantheon Macro said that since the financial crisis, the economy has really needed the small-business sector to normalize, and now it finally is. The next big economic report on the state of the labor market is the January 30 employment cost index. 3.
Revenue jumped nearly 15% from a year earlier as it benefited from strong demand for automobiles and airplanes, as well as higher aluminum prices and lower energy costs. Goldman expects Best Buy to report solid holiday sales and an earnings beat for the fourth quarter and calls it "well-positioned" for 2015. Get the Latest Market Data and News with the Yahoo Finance App RadioShack ( RSH ) soared in early trading. The struggling consumer electronics retailer is reportedly getting another lifeline. Salus Capital has offered Radio-Shack a $500 million loan to fund its operations if it ends up in bankruptcy, according to The Wall Street Journal. Apple ( AAPL) and other computer makers such as Hewlett-Packard ( HPQ) are on investors watch list.