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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
12/08/201607:30:00Losses Mount at Sears
12/08/201606:18:29Quarterly Report (10-q)
12/08/201606:07:37Current Report Filing (8-k)
12/08/201606:00:00Sears Holdings Reports Third Quarter 2016 Results
12/07/201610:00:00Sears' Heroes at Home Program Brightens Holiday Season for Disabled...
12/07/201608:00:00Uber, Shop Your Way® Expand Rider Rewards Program
12/06/201613:31:00Sears® Auto Center And The DieHard® Brand Introduce Maintenance P...
12/02/201618:02:07Statement of Changes in Beneficial Ownership (4)
12/02/201617:04:08Amended Statement of Beneficial Ownership (sc 13d/a)
12/02/201616:49:33Current Report Filing (8-k)
12/02/201609:42:00Sears Holdings Announces Board Change
12/01/201616:47:00Sears Holdings To Hold Fiscal 2016 Third Quarter Financial Results...
11/25/201610:02:37St. Jude Children’s Research Hospital® and Kmart to Ring the Na...
11/23/201616:47:01Current Report Filing (8-k)
11/22/201613:20:00Help Kmart® Reach $100 Million in Donations to Support St. Jude...
11/22/201608:00:00Sears to Kick Off Cyber Monday Early with 72 Hours of Online...
11/18/201610:30:00For Gifts That Glimmer And Gadgets That Simmer, Head To Kmart.com...
11/16/201612:07:00Celebrating 10 Years of Partnership, Kmart® Announces Suite...
11/16/201608:00:00Sears Announces More Early Access to Thanksgiving/Black Friday...
11/14/201612:49:00Kenmore® Brand Brings Home Multiple Reviewed.com Best Of Year...

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