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MARKET SNAPSHOT: U.S. Stocks Start May On Uncertain Footing

By Kate Gibson, MarketWatch U.S. stocks on Tuesday started the new month in tentative fashion, holding near unchanged before a report that might illustrate U.S. manufacturing expanded at a slower pace for April. "Earnings are the key market support, but investors are unwilling to pay for future earnings when the economic and political climate is so cloudy," emailed Howard Silverblatt, senior index analyst at S&P Indices. The Dow Jones Industrial Average (DJI) fell 21.42 points to 13,192.21. The S&P 500 (SPX) shed nearly half a point to 1,397.52, with technology the strongest performer of its 10 industry sectors and industrials the greatest laggard. Sears Holding Corp. (SHLD) rallied 15% after the retailer said it expects to report a first-quarter operating profit later this month. The Nasdaq Composite (RIXF) rose 3.73 points to 3,050.14. Advancers edged just past decliners on the New York Stock Exchange, where 72 million shares traded as of 9:45 a.m. Eastern.

Stock News for Sears (SHLD)
DateTimeHeadline
03/23/201703:02:00Sears Creates Stir As It Casts Doubt About Its Future -- WSJ
03/22/201719:46:00Sears Stock Stumbles After Going-Concern Warning -- 3rd Update
03/22/201718:51:32Statement of Changes in Beneficial Ownership (4)
03/21/201716:35:11Annual Report (10-k)
03/21/201700:01:00Kmart kicks off 2017 March of Dimes fundraising campaign
03/17/201717:24:25Statement of Changes in Beneficial Ownership (4)
03/16/201717:18:12Current Report Filing (8-k)
03/14/201717:28:38Statement of Changes in Beneficial Ownership (4)
03/09/201706:37:19Current Report Filing (8-k)
03/09/201706:30:00Sears Holdings Reports Fourth Quarter And Full Year 2016 Results
03/09/201706:16:34Current Report Filing (8-k)
03/09/201706:00:00Sears Holdings Announces Closing Of Sale Of Craftsman Brand
03/09/201706:00:00Stanley Black & Decker Completes Purchase Of Craftsman Brand...
03/07/201717:13:59Statement of Changes in Beneficial Ownership (4)
03/07/201707:29:00Short Sellers Target Mall REITs
03/02/201717:02:18Statement of Changes in Beneficial Ownership (4)
03/01/201717:53:00Mall REITs Shrug Off Department Store Closures
02/24/201712:35:00J.C. Penney to Close More Than 100 Stores--3rd Update
02/24/201709:49:00J.C. Penney to Close More Than 100 Stores--2nd Update
02/21/201710:20:33Initial Statement of Beneficial Ownership (3)

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