This blog is about Straits Times Index, Singapore. STI Singapore's news are extracted from worldwide news agencies, search engines, financial stocks websites, companies reports and etc related to stocks. STI Singapore's News, etc are summarised(Some full details) and posted on STI Singapore blogspot. Each component stocks profile is url linked to understand more about each component's background. Any original source is also named and linked.
Monday, August 16, 2010
Markets Hub: Cautious Signals From Retailers
Markets are ending a big week on a cautious note as retail sales data show consumers are still reluctant to spend amid high unemployment and a bleak housing market. That concern was bolstered by earnings from J.C. Penney, which swung to a profit in the second quarter but gave a cautious outlook. A slew of big retailers, including Wal Mart, Lowe's and Home Depot, are set to report next week keeping the spotlight on consumer spending. Paul Vigna and George Stahl discuss.
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