Wall Street rises after strong retail sales data, Walmart earnings
U.S. stocks rose in choppy trading on Thursday, as strong July retail sales data and Walmart’s upbeat results eased some fears about the economy slipping...
Surge in U.S. retail sales underscores economy’s resilience
U.S. retail sales surged in July as consumers bought a range of goods even as they cut back on motor vehicle purchases, which could help...
J.C. Penney shares surge as loss halves, sales still falling
J.C. Penney Co Inc posted a smaller-than-expected quarterly loss on Thursday, as the struggling department store operator’s efforts to cut costs and shutter unprofitable businesses...
China says it must take countermeasures to latest U.S. tariffs
China has to take necessary countermeasures to the latest U.S. tariffs on $300 billion of Chinese goods, the finance ministry said on Thursday....
Futures extend gains after strong retail sales data
U.S. stock index futures extended gains in volatile trading on Thursday, after data showed retail sales surged in July, which could help ease worries of...
Walmart’s earnings beat allays worry over tariff impact for now
U.S. retailer Walmart Inc reported an estimate-beating jump in second-quarter U.S. comparable sales on Thursday as shoppers spent more at its stores and websites, sending...
Futures rise in choppy trading, Walmart up on upbeat earnings
U.S. stock index futures turned positive in volatile trading on Thursday, as investors digested conflicting reports on U.S.-China trade dispute, while a jump in retail...
Global stocks hurt by China’s trade threats, falling bond yields
China’s threat to impose counter-measures in retaliation for the latest U.S. tariffs knocked stocks sprawling on Thursday, checking earlier attempt to recover from a rout...
J.C. Penney posts smaller-than-expected loss; shares rise
J.C. Penney Co Inc posted a smaller-than-expected second-quarter loss on Thursday, as the struggling retailer’s efforts to cut costs and shutter unprofitable businesses paid off....
GE shares fall on report that cash situation worse than thought
General Electric shares fell 5% on Thursday after the Wall Street Journal reported that Harry Markopolos, a whistleblower in the Bernard Madoff Ponzi case, had...