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MARKET SNAPSHOT: U.S. Stock Rally Lifts S&P 500 To Near Record

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...

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  1. A Few Ideas to Kick Around in the Retail Space

    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...

  2. Men's Wearhouse Slumps On Disappointing Outlook

    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...

  3. I Can't Believe You Just Expensed That

    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. ...

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    FBN’s Nicole Petallides breaks down the stocks moving the markets.

  5. Men's Wearhouse Kicks Off Suit Drive

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  6. Gold Sees Selloff

    FBN’s Nicole Petallides breaks down the day in the markets.

  7. Knight Capital: Nasdaq $40M Fund Doesn’t Cover Losses

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  8. Gas Prices, Weather a Concern for Retailers?

    Retail analyst Brian Sozzi on the outlook for retail sales.

  9. Men’s Wearhouse 4Q Revenue Misses Expectations

    FBN’s Ashley Webster breaks down Men’s Wearhouse’s fourth-quarter earnings results.

  10. Men's Wearhouse Narrows Fourth-quarter Loss

    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 ...

  11. Week Ahead: Jobs Report and Greek Bailout Decision

    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...

  12. Time to Play Dress 'Up'

    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...

  1. Market Wrap for Thursday, March 14: Dow Surges to New Record High!

    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...

  2. MARKET SNAPSHOT: U.S. Stock Rally Lifts S&P 500 Near Record

    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...

  3. Men's Wearhouse Up As It Explores Options For K&G

    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...

  4. WEEK AHEAD: Retailers Set to Report Earnings Next Week

    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...

  5. Retail Sales, Inflation on Tap Next Week

    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...

  6. Intel CEO: Bringing Smartphones Into Emerging Markets

    Intel CEO Paul Otellini on the latest smartphones with Intel chips.

  7. Men's Wearhouse , Vera Bradley Drop; Lululemon Up

    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 ...

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