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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
02/21/201710:20:33Initial Statement of Beneficial Ownership (3)
02/16/201708:00:00Sears Celebrates The Opening Of The First DieHard® Auto Center...
02/11/201703:02:00What's News: Business & Finance -- WSJ
02/10/201708:46:57Current Report Filing (8-k)
02/10/201707:30:00Sears Holdings Outlines Next Phase Of Its Strategic Transformation
02/02/201718:02:00Exporters Tout Benefits of Republicans' 'Border Adjustment' Proposal--Update
02/02/201712:14:00Kmart to Give Away a Billion Shop Your Way® Points if Five Ridiculously...
02/02/201711:45:00Kenmore® Major Appliances Named America's Most Recommended™ Br...
02/02/201706:29:00Exporters Tout Benefits of Republicans' 'Border Adjustment' Proposal
02/01/201707:00:00Citi and Sears Holdings Introduce the Sears Mastercard with an...
01/27/201717:29:01Termination of Registration of a Class of Security Under Section...
01/27/201717:26:19Termination of Registration of a Class of Security Under Section...
01/27/201717:23:39Termination of Registration of a Class of Security Under Section...
01/27/201717:21:23Termination of Registration of a Class of Security Under Section...
01/27/201717:19:13Post-effective Amendment to an S-8 Filing (s-8 Pos)
01/19/201703:02:00Holiday Sales Sap Target -- WSJ
01/18/201709:00:00Sears Auto Center Uses Artificial Intelligence To Put Personal...
01/17/201710:26:00Want Your Appliance Fixed Faster? Sears Home Services Has A New...
01/12/201717:24:50Statement of Changes in Beneficial Ownership (4)
01/11/201717:16:54Amended Statement of Beneficial Ownership (sc 13d/a)

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