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Stock impact report

Stocks rise broadly, but tech shares lag [Los Angeles Times (CA)]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Stocks rise broadly, but tech shares lag Stocks closed broadly higher on Wall Street on Monday as retailers and other consumer-focused companies post solid gains. Macy's led the way higher among retailers, jumping 6.1%. Kohl's climbed 3.2%, and Home Depot rose 1.2%. SodaStream jumped 9.4% after PepsiCo agreed to buy the maker of carbonated-drink machines. Industrial stocks also rose, led by airlines. Delta rose 3.2%, and Southwest climbed 3.3%. Technology stocks lagged behind the overall market. Intel lost 1.3%. The Standard & Poor’s 500 index rose 6 points, or 0.2%, to 2,857. The Dow Jones industrial average rose 89 points, or 0.3%, to 25,758. The Nasdaq composite edged up 4 points, or 0.1%, to 7,821. Bond prices rose. The yield on the 10-year Treasury fell to 2.82%. 1:30 p.m.: This article was updated with the close of markets. This article was originally published at 7:10 a.m. Stocks closed broadly higher on Wall Street on Monday as retailers and other consumer-focused companies Show less Read more
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