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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
04/15/201517:15:34Statement of Changes in Beneficial Ownership (4)
04/15/201514:44:25The Waltons Sell Shares in Wal-Mart and Netflix Prepares to Split...
04/15/201513:14:02One Shareholder-Friendly Trend Every Company Should Copy
04/15/201510:05:03The Walton's Sell Shares in Wal-Mart and Netflix Prepares to...
04/13/201517:04:32U.S. Stocks End Lower
04/13/201515:46:42U.S. Stocks Inch Lower
04/13/201513:31:22Confidential Treatment Order (ct Order)
04/13/201511:03:17Today's Market: Stock Splits, Break-Ups And Real Estate Transactions...
04/13/201508:20:40Current Report Filing (8-k)
04/13/201507:29:20Sears Holdings, Simon Property Form Joint Venture -- Update
04/13/201507:20:10Sears Holdings, Simon Property Form JV
04/13/201507:12:59Sears up 2.1% on JV with Simon Property
04/13/201507:09:14Sears Holdings, Simon Property Form Joint Venture
04/13/201506:50:34Sears Holdings forms JV with Simon Property Group
04/13/201506:00:00Sears Holdings And Simon Property Group, Inc. Form A 50/50 Joint...
04/10/201511:04:40Sears Outlet Stores Margins Poised For Recovery
04/08/201517:17:24Statement of Changes in Beneficial Ownership (4)
04/07/201519:10:03Sears Holdings Corp. Starts Cashing In On Its Real Estate
04/06/201513:36:00EPA Recognizes Sears Holdings with 2015 ENERGY STAR® Partner...
04/03/201508:12:53Sears: The Majority Of Its Top Real Estate Is In The REIT

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