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
- Stock Market Today: GE-Alstom Deal News, McDonald's Dividend Hike, and More
- Dow Jones Today to Ride High on Positive Economic Data
- Ten Stocks to Watch Today
- Stock Market News Today: Home Prices, Cyber Spying, and Poultry Profits
- Michael Kors Holdings Ltd (NYSE: KORS) Stock Up 18% With This Winning Retail Formula
Stock market today, May 28, 2014: The stock market today (Wednesday) ended its streak of four-straight session gains. U.S. Treasury prices surged, putting the benchmark 10-year Treasury note yield at its lowest level this year on a closing basis.
Here's the scorecard from this session:
DOW: 16,634.40, -0.25%
S&P 500: 1,909.77, -0.11%
NASDAQ: 4,225.08, -0.28%
Dow Jones today, May 28, 2014: The Dow Jones Today (Wednesday) will likely continue to benefit from positive economic data released earlier in the week, including growing consumer confidence and expansion in the U.S. service sector.
Tuesday saw the Dow close up nearly 70 points, while the S&P 500 hit a new record.
Stocks to watch for May 28, 2014: A number of key industry players post numbers Wednesday and land on our stocks to watch list. Included on the roster are an upscale apparel retailer, a designer shoe warehouse, and a luxury home builder. Also making the list is an automaker that's been making headlines for all the wrong reasons.
Stock market news today, May 27, 2014: The big stock market news today (Tuesday) was the S&P 500's climb to an intraday record. Fueling U.S. stock markets' rise were positive economic data, including growing consumer confidence, and expansion in the U.S. service sector.
Here's the scorecard from today's trading session:
DOW: 16,675.50, +0.42%
S&P 500: 1,911.91, +0.60%
NASDAQ: 4,237.07, +1.22%
This morning (Tuesday), Michael Kors Holdings Ltd (NYSE: KORS) announced a 59% increase in revenue for its fiscal 2014 Q3 report ending Dec. 28, 2013, compared to Q3 2013, marking the 31st consecutive quarter of growth for the global luxury brand.
Kors' quarterly earnings per share (EPS) climbed 73.4% to $1.11 per share, shattering the consensus estimates of $0.86. Wholesale net sales increased 68.2% to $461.4 million and licensing revenue increased 59.0% to $47.4 million.