2.31%C 7.40 5.37%QQQQ 27.81 2.83%
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NEW YORK - Shares of broadline retailers moved higher on Tuesday, as some good news offset rising oil prices.
The stock could have been reacting to the fact that General Motors Corp. posted better-than- expected sales. Also, while the Institute for Supply Management had an overall disappointing report on manufacturing in June, it also reported strong exports for U.S. factories.
Here's how broadline retailers fared on Tuesday:
Wal-Mart Stores Inc., up 83 cents to $57.03
Target Corp., up $1.04, or 2.2 percent, to $47.53
Costco Wholesale Corp., up $2.41, or 3.4 percent, to $72.55
BJ Wholesale Club Inc., up $2.43, or 6.3 percent, to $41.13
U.S. stocks were mixed on Thursday after retailers reported mostly disappointing sales while other big-name companies announced layoffs and Europ...
China markets opened lower on Tuesday morning as the investors' confidence hit by the signals that global recession are deepening.
The markets have spoken: risk aversion is still the name of the game and that was obvious since the beginning of the week.
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