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U.S. stocks advanced Thursday, lifting the S&P 500 index to within 2 points of its all-time closing high, as investors embraced the latest confirmation of an expanding economy."It does seem the economy is getting better, and certainly the residential housing market has helped," said Martin Leclerc, chief investment officer at Barrack Yard Advisors."The market seems to want to go up with the power of a freight train. We humans can only be bummed out for so long," Leclerc said of increasing bullish sentiment among investors.Stretching gains into a 10th consecutive session, its longest streak in 16 years, the Dow Jones Industrial Average (DJI) climbed 83.86 points, or 0.6%, to 14,539.14, leaving it with another record close for a eighth consecutive session.The S&P 500 index (SPX) rose 8.71 points, or 0.6%, to 1,563.23, leaving it less than 2 points shy of its record close set in October 2007."While the stock market appears somewhat extended short-term and ripe for a minor pullback, the po...
Alan Brochstein Takes a Look at Shoe Stores I have a confession: I hate to shop for clothes. In fact, except for groceries and wine, I don't like to go to any stores...
Men's Wearhouse Inc. slumped 10% in premarket trading on Thursday after the men's clothing retailer cut its outlook for the fourth quarter and for the year. The Hous...
Eric Sikola has been looking at expense report data long enough to know the most-extravagant items that employees actually get approved on their expense reports.Mr. ...
FBN’s Nicole Petallides breaks down the stocks moving the markets.
Men's Wearhouse CEO Doug Ewert weighs in on the state of the retail industry.
FBN’s Nicole Petallides breaks down the day in the markets.
FBN’s Robert Gray on the fallout from the Facebook IPO.
Retail analyst Brian Sozzi on the outlook for retail sales.
FBN’s Ashley Webster breaks down Men’s Wearhouse’s fourth-quarter earnings results.
Men's Wearhouse Inc. said late Wednesday it narrowed its fiscal fouth-quarter loss to $3.78 million, or 7 cents a share, from $14.09 million, or 27 cents a share, a ...
The February jobs report will highlight next week’s economic data releases, while a decision on another Greek bailout is also on tap.Because February is shorter than...
Back in the good old days (aka 1999) it was cool, fun, and “cutting edge” to wear khaki slacks, blue jeans, button up shirts and even t-shirts with designs on them t...
Risk appetite continued to be brisk on Wall Street on Thursday as the Dow Jones Industrial Average closed at a new all-time high and the S&P 500 closed in on its own...
U.S. stocks advanced Thursday, lifting the S&P 500 index near its all-time closing high, as investors embraced an unexpected drop in weekly jobless claims.Bolstering...
Men's Wearhouse Inc. jumped 13% in premarket trading on Thursday after the men's clothing retailer said it has hired Jefferies & Co. to explore strategic alternative...
Next week will bring many retailers' earnings reports, giving markets a fuller impression on the strength of the consumer during the start of the year. Also, A123 Sy...
Retail sales and two inflation gauges will take center stage in a relatively light week for economic data next week.Investors will be keeping a close eye on February...
Intel CEO Paul Otellini on the latest smartphones with Intel chips.
Men's Wearhouse Inc. shares tumbled 10% after the men's clothing retailer gave a disappointing fourth-quarter outlook. Vera Bradley Inc. fell 7.9% after the handbag ...
