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MARKET SNAPSHOT: U.S. Stocks Up On Manufacturing Surprise

By Kate Gibson, MarketWatch U.S. stocks gained ground Tuesday after a report showed U.S. manufacturing expanded at a more rapid pace for April. The Institute for Supply Management's manufacturing index rose to 54.8% last month from 53.4% in March. Economists surveyed by MarketWatch had forecast the index would fall to 53.3%. After holding near unchanged ahead of the report, stock indexes pulled higher. "Today's figure was definitely a surprise and stocks are obviously behaving as such," emailed Peter Boockvar, equity strategist at Miller Tabak & Co. The Dow Jones Industrial Average (DJI) rose 66.37 points, or 0.5%, to 13,280. The S&P 500 (SPX) climbed 10.68 points, or 0.8%, to 1,408.59, with energy the strongest performer of its 10 industry sectors. Sears Holding Corp. (SHLD) rallied 13% after the retailer said it expects to report a first-quarter operating profit later this month. The Nasdaq Composite (RIXF) rose 23.51 points, or 0.8%, to 3,069.87. For every stock falling more than three gained on the New York Stock Exchange, where 142 million shares traded as of 10:20 a.m. Eastern.

Stock News for Sears (SHLD)
DateTimeHeadline
09/19/201409:43:22U.S. Hot Stocks: Hot Stocks to Watch
08/21/201410:43:33MARKET SNAPSHOT: U.S. Stocks Rise, Pushing S&P 500 To Intraday...
08/21/201409:52:54MARKET SNAPSHOT: U.S. Stocks Rise, Lifting S&P 500 Above Its...
08/21/201409:06:13MARKET SNAPSHOT: U.S. Stocks: Futures Up After Claims; S&P Eyes...
08/21/201408:11:20MARKET SNAPSHOT: U.S. Stocks: Futures Up As S&P 500 Nears A Record
06/12/201416:43:41MARKET SNAPSHOT: U.S. Stocks Fall; S&P 500 Down For Third Day
06/12/201414:52:18MARKET SNAPSHOT: U.S. Stocks Fall; Dow In Triple-digit Decline
06/12/201410:29:47MARKET SNAPSHOT: U.S. Stocks Edge Lower; Energy Sector Rallies
05/22/201416:47:16MARKET SNAPSHOT: U.S. Stocks Rise; Russell 2000 Rallies
05/22/201413:01:02MARKET SNAPSHOT: U.S. Stocks Edge Higher; Russell 2000 Rallies
05/22/201410:39:30MARKET SNAPSHOT: U.S. Stocks Pare Gains After Jobs, Housing Data
05/22/201410:13:27MARKET SNAPSHOT: U.S. Stocks Edge Higher; Best Buy, Dollar Tree...
03/17/201410:33:10MARKET SNAPSHOT: U.S. Stocks Rally After Upbeat Data
02/28/201417:41:10Sears 'Actively Reviewing' Systems, No Information Yet Indicating...
02/27/201416:39:15MARKET SNAPSHOT: U.S. Stock Gains Push S&P 500 To Record
02/27/201413:13:06MARKET SNAPSHOT: U.S. Stocks Rise; S&P 500 Eyes 1,850 Record
02/27/201410:58:13MARKET SNAPSHOT: U.S. Stocks Volatile; Yellen Speaks Before Senate
02/27/201409:36:24Hot Stocks: Hot Stocks to Watch
02/24/201411:20:09Supreme Court Rejects Challenge to Class-Action Lawsuits
01/29/201418:05:26Sears Canada Continues to Shed Jobs

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