The Dow Jones today is already up 110 points in pre-market hours after Fed Chair Janet Yellen announced she will resign as a Fed governor after she's replaced as Chair.
Traders will also be focusing on retail stocks ahead of Black Friday, the historic sales day where retailers revenues push them into the red.
by Tom Gentile
There's no two ways about it: 40,000 jobs in retail have been lost this year. We might see a seasonal surge in numbers here shortly, but I don't think it will have staying power.
In fact, retail could still do worse – much worse – with more of these companies closing more of their stores. Macy's is closing 15% of their stores – one of the so-called mall "anchor" stores, along with other troubled names like Sears, Nordstrom, and JC Penney.
Morgan Stanley agrees with me, and it says the pain for Macy's and Nordstrom is NOT over.
That's a profit opportunity in and of itself, but I want to make the most possible money from the upcoming shopping season right now.
I've got shopping of my own to do, after all.
The way I see it, this is the best way to do that...
The Dow Jones today is already down 100 points in pre-market hours as the retail ice age rears its head again…
Fortunately, the retail ice age is creating a profit opportunity for savvy investors.
by Casey Wilson
The "good news" of recent retail earnings isn't actually good news – it's a distraction from the overall trend of retail's demise. But that doesn't mean these companies can't make you money. Here's what's happening to the entire retail sector… and how you can profit.
The Dow Jones news today will continue to focus on escalating tensions between the U.S. and North Korea.
Dow Jones futures ticked up seven points this morning as traders eye the uncertainty surrounding a potential military conflict.
Billionaire Mark Cuban just warned about the devastating effects artificial intelligence will have on U.S. jobs.
But there's much more to know about automation's takeover than that.
Here's how AI will upend an entire industry - and how you can profit in the meantime...
The Dow Jones news today features stocks rising ahead of a busy day of earnings reports and new housing data.
Dow Jones futures are up 48 points ahead of the opening bell.
The Dow Jones news today continues to focus on stocks sliding after the latest round of retail earnings results.
Markets are also anticipating insight from two key members of the Federal Reserve today (May 12).
In Dow Jones news today, markets fell in response to a round of weak Q1 earnings reports.
One of the most notable earnings losers was Snap Inc., whose stock plunged more than 23%.
Here's everything you need to know about the stock market today...
The Dow Jones news today features stocks falling ahead of a busy day of retail earnings reports and fallout over President Trump firing FBI Director Comey.
A series of lackluster earnings reports yesterday compounded concerns that the Trump administration may struggle to get its economic policies passed in 2017.
