Retail stocks climb after strong start to holiday sales
(Reuters) – Shares of retailers Gap Inc and Amazon.com Inc rose on Monday following a promising start to holiday season sales on Black Friday, and ahead of what could be the largest U.S. online shopping day in history.
U.S. new home sales hit 10-year high in October
WASHINGTON (Reuters) – Sales of new U.S. single-family homes unexpectedly rose in October, scaling their highest level in 10 years amid robust demand across the country, offering a boost to the housing market.
U.S. vice president to meet with GM, Ford and Fiat Chrysler officials
WASHINGTON (Reuters) – U.S. Vice President Mike Pence will meet with top officials from General Motors, Ford and Fiat Chrysler later on Monday, the White House said in a statement.
Wall Street opens flat chip stocks offset retail gains
(Reuters) – Wall Street’s main indexes were flat at the opening as declines in the shares of a handful of semiconductor producers outweighed gains for retail giants on Cyber Monday.
U.S. November auto sales seen down slightly: J.D. Power and LMC
DETROIT (Reuters) – U.S. auto sales in November likely slid 0.2 percent from the same month in 2016 despite high discounts to consumers as automakers have sought to clear out record levels of unsold 2017 model vehicles, industry consultants J.D. Power …
Tech troubles knock stocks, bitcoin eyes $10,000
LONDON (Reuters) – World stocks edged lower on Monday, led by a broad sell-off in tech stocks that drove a risk-off mood across markets, with the dollar slipping to a ten-week low against the yen.
Futures rise, retailers draw interest on Cyber Monday
(Reuters) – U.S. stock index futures edged higher on Monday, with a bounce in retail stocks on Cyber Monday and the almost $2 billion-dollar buyout of publisher Time helping early sentiment among investors.
Retail stocks keep rising after strong start to holiday sales
(Reuters) – Shares of retailers such as Macy’s Inc and Wal-Mart were up on Monday following a promising start to the holiday season and ahead of what is expected to be the largest U.S. online shopping day in history.
Ending NAFTA would hurt growth, competitiveness of United States, Canada: report
DETROIT (Reuters) – Terminating the North American Free Trade Agreement would harm the U.S. and Canadian economies and reduce their competitiveness versus Asia and Europe, a report issued by the Bank of Montreal said on Monday.
Executives of scandal-hit Uber travel globe to reassure regulators
TOKYO (Reuters) – Uber executives are traveling the globe to reassure regulators that the company is changing the way it does business, after a string of controversies hurt the ride-hailing firm’s reputation, its Asian head told Reuters on Monday.
