A stock rally quickly faded Friday as both China and the possibility of a March rate hike dampened enthusiasm over a huge increase in U.S. jobs. The chances of a rate hike in March climbed to 52 percent, up from previous odds in the low $40s. The Container Store (TCS) tumbled after swinging to a quarterly loss, while same-store sales rose just 0.5 percent. The retailer said its loss was tied to higher promotional spending to boost sales. Urban Outfitters (URBN) was lower after a disappointing holiday-shopping period. The company reported a 2 percent decline in same-store sales for the two months to end last year, though it said it was optimistic for improvement in spring. American Eagle Outfitters (AEO) plummeted after warning same-store sales could miss estimates.
More from Video
Conagra Brands Looks Tastier After Its Upgrade to Buy
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.
Is Renewable Energy the Defensive Stock Opportunity You're Missing
AMSC CEO discusses that and China challenges.
Takeda Pharmaceutical CEO Talks Big Pharma Trends
One of pharma's biggest CEO's talks M&A action on the exchange.
Real Money Video Wrap: Citi Surges as View of Stability Saves Sentiment
Citi overcame a mixed print to send its stock surging on Monday.
Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation.
If you have questions, please contact us here.