As a shorter holiday-shopping home stretch this year kicks into gear, more retailers — including Foot Locker Inc. and Victoria’s Secret & Co. — report this week, likely offering more detail about consumer spending appetites as analysts narrow their focus on individual successes and failures from chain to chain.
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Major indices are at all-time highs and indicators show no resistance in sight.
By almost any measure, November has been a blockbuster month for U.S. stocks.
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The Dow is on track to top another 1,000-point threshold Friday, but such milestones are growing ever less impressive.
Super Micro Computer Inc.’s stock tumbled 7% Friday to lead S&P 500 decliners in the holiday-shortened session, capping a turbulent November for the stock.
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Tesla’s Elon Musk and his close relationship with President-elect Trump are already having a huge impact on the EV maker, says Wedbush.
Stock-market investors will want to keep a nervous eye on the U.S. dollar, as history shows continued strength for the currency could begin to be a hindrance to further equity-market gains, warned analysts at Ned Davis Research in a Friday note.
With cannabis stocks showing steep losses this year on stalled legalization on the U.S. federal level, some companies in the sector are turning to the more thinly-regulated business of THC derived from hemp as a way to potentially excite Wall Street with new revenue streams.
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Apple Inc.’s skeptics and bears have missed the last more than $1 trillion upward move in the stock by overlooking three key dynamics behind the story, Wedbush analysts said Friday.
Oil futures fell Friday and were on track for hefty losses, feeling pressure after a cease-fire between Israel and Iran-backed Hezbollah helped soothe remaining worries over a wider conflict that could threaten crude supplies.
If retail stocks decline over the two trading days after Thanksgiving, it could be time to buy them.
Dick’s Sporting Goods Inc. and Best Buy Inc.’s stocks are likely to underperform in the period stretching from Black Friday to year-end as two retailers with the most exposure to the holiday season, according to D.A. Davidson analysts.
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