“It’s the first time all three major market gauges have set new closing marks on the same day since 1999 — specifically, New Year’s Eve of that year.  Shares of Macy’s soared  17.1% after the department store retailer posted better-than-expected quarterly profit and sales and said it plans to close 100 stories, or about 15% of its total stores.   In economic news , the Labor Department reported that the number of Americans filing for first-time jobless claims fell 1,000 to 266,000, which ‘points to healthy labor market conditions across the U.S.,’ according to Barclays.  Oil prices on the U.S. market also rebounded off lows for the day, and jumped $1.65, or 4%, to $43.37 a barrel.”

http://www.usatoday.com/story/money/markets/2016/08/11/stocks-dow–sp500-thursday-wall-street/88557406/

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy