STOCKS FALL, US AUTO SALES DISAPPOINT: Here's what you need to know - Yahoo Finance
While the U.K.'s FTSE 100 Index has fallen by 0.4 percent, the French CAC 40 Index is down by 0.3 percent and the German DAX Index is down by 0.2 percent. In commodities trading, crude oil futures are climbing $0.38 to $49.97 a barrel after slipping $0.17 to $49.59 a barrel on Monday. Meanwhile, an ounce of gold is currently trading at $1,207.30, down $0.90 from the previous session's close of $1,208.20. On Monday, gold fell $4.90. On the currency front, the U.S.
Stocks hovering near record levels - Yahoo Finance
Dick's Sporting Goods gained almost 3 percent as well after announcing positive results. Nutrisystem popped yesterday afternoon on strong profit but hasn't traded yet today. Monthly automobile sales are due later this morning. TiVo, Ambarella, and Smith & Wesson announce results this afternoon.
Stocks End Lower; Nasdaq Falls Below 5,000 - Yahoo Finance
Market Stocks were lower this morning as the Nasdaq fell below the 5,000 level if hit for the first time since the year 2000 yesterday. Auto sales slowed down in February to 16.23 million on an annualized seasonally adjusted rate due to poor weather, tock to buy right now less than the 16.7 million expected by economists. GM (GM) sales were up 4.2%, Chrysler (FCAU) sales rose 5.6% while Ford (F) sales dropped 1.9% due to inventory issues with the firms new F-150 truck. At market close the Dow and S&P 500 were each down 0.5% while the Nasdaq was off 0.6%.
Total same-store sales rose 2% during the fourth quarter, slightly better than the 1.9% rise estimated. Same-store sales rose 2.8% in the second straight quarter of growth after three consecutive periods of declines. Net income attributable to Best Buy shareholders jumped to $519 million, or $1.46 per share, from $293 million, or 83 cents per share, a year earlier. Revenues jumped 1% to $14.21 billion from a year earlier. The company announced it will buy back $1 billion of shares over the next three years.
Stocks edge lower before key data - Yahoo Finance
It's now clear how investors will react to the other items because they've mostly priced in an improving employment and slowing industrial activity. No individual groups or sectors have clearly led the market in recent weeks, though international equities have traded better than usual. Energy has started to weaken again as investors shrug off the Chinese manufacturing data and may be at risk of further downside following last year's big drop. That's especially true with crude-oil down almost 2 percent this morning amid increased production in Libya and Iraq. In company-specific news, NXP Semiconductor surged 12 percent after agreeing to buy Freescale Semiconductor for $11.8 billion.