Wall Street

By Peter Shout

Online Stock Market Trading With August being the slowest month of the year on Wall Street, Thursday's release of August sales figures by US retailers may add some life to an otherwise lagging period in the market.

Browse little shops on side streets, take to the main thoroughfares for larger retailers, and pick up handicrafts at the morning market on Merchants Street.

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It is only a short walk from here to the city’s main street, the Gran Vía, lined with shops, banks, offices, bars and cinemas.

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Stock Investing Game Aug 30, 2004 (AXcess News/SP) New York - With August being the slowest month of the year on Wall Street, Thursday's release of August sales figures by U.S. retailers may add some life to an otherwise lagging period in the market.

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Journal Prime Rate Street Wall August also marked the 22nd anniversary of the last long-term bull market in the US.

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Stock Market News In August 1982, the Dow Jones Industrial Average bottomed at 776 and government bonds yielded 13%.Thursday, investors are hoping retail figures will shed some light on consumer demand during the crucial back-to-school season.

Stock Investing Basics Last week Friday, the Retail (Department & Discount) Composite closed down .13% to end the session at 1016.0 while the S&P 500 closed up .24%.Industry top performers Friday where, Gottschalks, Inc (NYSE: GOT), closing at $4.80, up 20 cents or 4.35%, Tuesday Morning Corp (Nasdaq: TUES), closing at $31.01, up 69 cents or 2.28%, Retail Ventures, Inc. (NYSE: RVI), closing at $7.28, up 15 cents or 2.10%, Kohl's Corp. (NYSE: KSS), closing at $49.25, up $1.01 or 2.09% and Saks, Inc. (NYSE: SKS), closing at $12.14, up 23 cents or 1.93%.Advertisement

Stock Investing Software Big-box retailer Wal-Mart Stores, Inc. (NYSE: WMT), said it was expecting lower back to school figures for the period. Competitors, Costco Wholesale Corp (NASDAQ: COST) and Target (NYSE: TGT) are being closely watched by investors as well.

Stock Market Trading Meanwhile, other retailers closed Friday with mixed results. JC Penny's (NYSE: JCP) was off 2 cents Friday, closing at $39.35, Sears, Roebuck and Co (NYSE: S) was up 2 cents, closing at $39.78 and Federated Department Stores (NYSE: FD) followed, closing up 7 cents to end last week's retail stocks session at $45.00.Source: Source Press

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