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Market Wrap for Tuesday, May 7: S&P 500 Closes Up Again, First Solar Drops After Earnings

Toward the end of trading Tuesday, the Dow traded up 0.54 percent to 15,050.71 while the NASDAQ rose 0.07 percent to 3,395.07. The S&P rose, gaining 0.50 percent to 1,625.75.The Dow Jones Industrial Average, Nasdaq and S&P 500 all rose modestly on the session. The S&P closed at a new all-time high after starting out the week in the same fashion.Major Averages The Dow Jones Industrial Averages closed up 0.54 percent at 15,049.45The S&P 500 closed up 0.46 percent at 1,624.95.The Nasdaq Composite closed up 0.04 percent at 3.394.36.Commodities In commodity news, oil traded down 0.49 percent to $95.67, while gold traded down 1.36 percent to $1,448.20. Silver traded down 1.06 percent Tuesday to $23.70, while copper fell 0.24 percent to $3.30.Eurozone European shares rose following the stronger than expected bank earnings from around the continent. The Spanish Ibex Index gained 0.47 percent while the Italian FTSE MIB Index rose 1.54 percent. Meanwhile, the German DAX surged 0.86 percent while...

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    Stock index futures pointed to a higher open on Tuesday, putting the S&P 500 on track for a second straight advance as Americans went to the polls to elect the count...

  3. Fossil Down; Vitamin Shoppe, Office Depot Up

    Fossil Inc. shares slumped 11% after the maker of watches and other accessories reporting disappointing third-quarter sales and cut its fourth-quarter revenue outloo...

  4. Stock futures edge up as Americans head to the polls

    Stock index futures edged higher on Tuesday, indicating the S&P 500 would advance for a second consecutive session with voters set to elect the country's president.P...

  5. Stock futures advance as Americans go to the polls

    Stock index futures advanced on Tuesday, indicating the S&P 500 would rise for a second consecutive session with voters set to elect the country's president.Polls sh...

  6. Fossil 3rd-Quarter Net Up 10% on Strong North America Wholesale Revenue

    Fossil Inc.'s (FOSL) third-quarter earnings rose 10% as the watch and fashion-accessories retailer's strong North America wholesale revenue helped to offset softer s...

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  8. Fossil Up 9%, Leading The S&P Gainers

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  10. Consumer Cyclical Sector Wrap

    While the S&P 500 grew 0.1%, the Consumer Cyclical sector (XLY) showed little movement during trading today.The ETF, as a proxy for the sector, tracked closer to the...

  11. Macy's Up; Ralph Lauren Drops As View Disappoints

    Macy's Inc. shares rose 2.6% on Wednesday after the department store operator reported a better-than-expected second-quarter profit and raised its outlook for the ye...

  12. MARKET SNAPSHOT: U.S. Stocks Climb; S&P 500 Tops 1,400

    U.S. stocks rose on Tuesday, with the S&P 500 index surpassing 1,400 for the first time in three months, on thinking global central banks were ready to act to bolste...

  1. H&M CEO: Will Shortly Apply to Set Up Own Stores in India

    Swedish clothing retailer Hennes & Mauritz AB (HM-B.SK) will shortly apply to the Indian government for permission to set up own stores in the country, its chief exe...

  2. Fossil 4Q Tops Street, Inks Deal With Tory Burch

    Designer watch and accessory maker Fossil (NASDAQ:FOSL) reported stronger-than-expected fourth-quarter earnings on Tuesday and revealed a newly-inked licensing deal ...

  3. MARKET SNAPSHOT: Here's What Could Wake Up Stocks This Week

    Will the next catalyst for the stock market please step forward?After U.S. stocks' best January in 15 months, stocks spent the first full week of February in a tight...

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    Coach Inc. tumbled 15% on Wednesday after the upscale handbag designer reported disappointing fiscal second-quarter profit and sales and its North American comparabl...

  5. Movado Jumps On Citi Upgrade

    Watchmaker Movado Group Inc. shares rose 5.6% to $35.91 on Friday after Citigroup upgraded the stock to buy from neutral. "Global accessories represent the future of...

  6. Macy's Inches Up In a Lower Sector Post Election

    Retail stocks fell with the broader markets in early trading on Wednesday, a day after Barack Obama was re-elected U.S. president. Luxury jewelry retailer Tiffany & ...

  7. Wall Street rises further as voters elect a president

    Stocks gained steam on Tuesday, with the Dow climbing 1 percent and the S&P 500 on track for a second straight advance, as voters chose the next president.Trading vo...

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