Browsing Tag

earnings

As stocks reach for new highs, markets could be swayed by Fed speakers

Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on August 19, 2019 in New York City.Drew Angerer | Getty ImagesDevelopments in U.S.-Chinese trade talks and the comments from a host of Fed speakers could be important for markets in the week ahead, as stocks struggle to regain highs.The…
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Prime Day sales burst in July may cause weakness in August retail sales

August's retail sales could be muddied by the negative payback from Amazon Prime Day promotions that sent July sales sharply higher. Friday's August retail sales report is the last big economic report before the Fed begins its two-day meeting Tuesday. Economists expect a gain of just 0.2%, after a much better than expected 0.7% gain in…
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Stocks making the biggest moves after hours: GameStop, RH and more

Pedestrians pass in front of a GameStop store in New YorkScott Mlyn | CNBCCheck out the companies making headlines after the bell:Shares of GameStop plummeted more than 16% after the company cut its forecast and reported second quarter earnings that fell short of expectations. The company said it expects adjusted full-year earnings per share…
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Stocks look to reclaim their all-time highs in the week ahead

Stocks will look to build on their strong recent momentum and reclaim their record highs next week amid a slew of economic data while trade war fears decrease.The S&P 500 is about 1.6% from an intraday record reached on July 26 after notching back-to-back weekly gains. The broad index is up 1.8% this past week after surging 2.8% in the last…
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