As we close out the first half of 2014, its time to take a look back at the year-to-date U.S. stock market gainers and losers.
- U.S. Stock Market's Five Best and Worst Performers in 2014's First Half
- Another Win for S&P 500 in Stock Market Today, Plus Oil, MRKT, and More
- Why Coach (NYSE: COH) Stock Dropped 8% Today
Top stock market news, June 19, 2014: The stock market today (Thursday) closed with mixed results. The Nasdaq slipped, while the Dow Jones Industrial Average gained and the S&P 500 finished for its twenty-first record high so far in 2014. A decline in jobless claims and growing optimism about the Federal Reserve's forward guidance on interest rates were among the news affecting the market climate.
Here's the scorecard from today's trading session:
DOW: 16,921.46 (+0.09%)
S&P 500: 1,959.47 (+0.13%)
NASDAQ: 4,359.33 (-0.08%)
Coach Inc. (NYSE: COH) stock plunged as low as 8.13% today (Wednesday) after its Q2 earnings release delivered this disappointing data...
Analysts expected to see earnings around $1.11 per share and revenue of $1.48 billion. What they got instead was EPS at $1.06 and a revenue of $1.42 billion. The Q2 earnings represent a 16% drop from a year ago.