Established 1999
 
8,000 companies from
USA,Canada and India.
 
   
Search over 25,000 News & Earnings Archives    
 
Market Update : 
Surprise in Retailer Sales Lift Markets
Author: 123jump.com Staff
123jump.com
Last Update: 6:09 PM EDT September 06 2007


Same store sales overshadowed the trading sentiment in New York. Market averages gained as investors surmised that retail spending is likely to remain at elevated level despite higher energy cost and worsening lending crisis. Consumers kept shopping in August lifting the sales by 2.9%. However, record number of U.S. homes in foreclosure. Gold crossed $700, oil above $76. The rising metal prices and weak dollar helped European stocks. India, Korea, and Taiwan led Asian markets with a gain of 1%

 

 

 

 Email article:
 
  To Email:
  From Email :
 
   

 


 

350 Fund Managers Interviews - 10-year Annual earnings on 4,600 U.S. companies - 20-quarter Earnings on 3,800 U.S. companies - 3,200 U.S. IPO Prospectuses
- 2,100 Economic data releases from U.S., EU, UK, India, HK and Australia. 10-year Annual reports on 3,500 U.S. companies -
U.S. Earnings Calendar with 4,800 companies - 90,000 10-K reports - 26,000 Global markets news archive - 2,200 Earnings Conference Call Summaries

© 1999-2008 123jump.com. All rights reserved