Home Depot Inc

Where Walmart, Amazon, Target are spending billions in slowing economy

A Walmart employee loads up a robotic warehouse tool with an empty cart to be filled with a customer’s online order at a Walmart micro-fulfillment center in Salem, Mass. on Jan. 8, 2020. Boston Globe | Boston Globe | Getty Images When the economy slows down, the classic response for consumer businesses is to cut …

Where Walmart, Amazon, Target are spending billions in slowing economy Read More »

Stocks dip as Wall Street rally loses steam, investors assess fresh retail data

S&P 500 failed first test of key chart level, could signal some near-term weakness The S&P 500 fell back after testing its 200-day moving average Tuesday, signaling the index may have set a possible short-term top. The S&P reached a high of 4,325 Tuesday, before backing off. The 200-day moving average was just a point …

Stocks dip as Wall Street rally loses steam, investors assess fresh retail data Read More »

Retail giants report with all eyes on the consumer

CNBC’s Jim Cramer on Monday said that this week’s economic data releases and retailer earnings reports will give important insights into the state of the American consumer and, in turn, inflation. “This week is a referendum on the consumer,” he said. The “Mad Money” host said he’s watching for the release of the Federal Reserve’s …

Retail giants report with all eyes on the consumer Read More »

The investing game plan as retail giants Walmart and Target wrap up the season

The earnings season is winding down, but there are still some big names set to report. More than 90% of S&P 500 companies have already reported earnings, with 78% of those names posting better-than-expected profits, according to Refinitiv. Those results have put overall S&P 500 earnings on pace to have grown by 9.7% from the …

The investing game plan as retail giants Walmart and Target wrap up the season Read More »

Housing data and retail could be the next catalysts for the market in week ahead

Stocks could continue to push higher into the dog days of August, investors await earnings from big retailers and new data on housing and the consumer. Economic reports in the week ahead include housing starts Tuesday and existing home sales Thursday. Home sales are expected to fall by more than 6%, according to Dow Jones, …

Housing data and retail could be the next catalysts for the market in week ahead Read More »

Joe Manchin raises $1 million from Bob Kraft, Wall Street, energy companies

US Senator Joe Manchin (D-WV) walks to the Senate floor at the US Capitol in Washington, June 7, 2022. Jonathan Ernst | Reuters Sen. Joe Manchin’s reelection campaign raised over $1 million over three months thanks to donations from the likes of New England Patriots owner Robert Kraft, multiple Wall Street leaders and energy giants. …

Joe Manchin raises $1 million from Bob Kraft, Wall Street, energy companies Read More »