Stocks get a modest boost from better-than-expected consumer confidence reading and leading economic indicators reports.
But they are more reluctant to drop their money at Starbucks.
| Tags: | GPSJonathan BerrSBUX |
Leading economic indicators are also up. Global markets climb as Germany's Merkel backs the euro and the ECB. Apple hits a new high. Gap beats estimates, while Aeropostale misses. Marvell's results disappoint, and Groupon drops on a downgrade.
One of the First Lady's favorite clothing retailers is trying its luck in the world's most populous nation, but Chinese shoppers may be puzzled by the brand.
| Tags: | GPSMTGTTheWeek.com |
Aeropostale and American Eagle can expect a jump in spending on apparel and accessories this fall.
This retailer is a new addition to a portfolio that focuses on stocks showing buyback activity.
The slowing down of the apparel retailer's European plans is only a near-term solution.
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