Stocks are slightly higher in early trading following better-than-expected earnings reports from Johnson & Johnson and Goldman Sachs and an upbeat reading on retail sales.
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Stocks rise after better earnings, retail reports (AP)
Posted by admin 380 days ago (http://us.rd.yahoo.com)Wholesale prices, retail sales rise in June (AP)
Posted by admin 380 days ago (http://us.rd.yahoo.com)
Higher energy prices rippled through the economy in June, helping to drive a bigger-than-expected gain in retail sales. The sharp rise in wholesale prices -- as well as "core" prices that exclude food and energy -- could fan investors' fears about inflation.
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Retail sales dip raises worries about recovery (AP)
Posted by admin 441 days ago (http://us.rd.yahoo.com)
Retail sales fell in April for a second straight month, dashing hopes that consumer spending was starting to revive and would help end the recession.
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Stocks fall on weak retail sales, foreclosure jump (AP)
Posted by admin 441 days ago (http://us.rd.yahoo.com)
Investors are looking at the economy more skeptically. Stocks retreated more than 2 percent on Wednesday and bond prices rose after two reports suggested the economy is not bouncing back as quickly as investors hoped.
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Investors await retail earnings, consumer spending (AP)
Posted by admin 444 days ago (http://us.rd.yahoo.com)
After a week when investors were reassured by the government's assessment of the banking industry and its latest reading on the job market, Wall Street's focus turns to the consumer.
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