Why Macy's, Brinker International, and Middleby Jumped Today

Image source: Macy's.

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Thursday brought a rebound in the stock market from the previous day's losses, sending the S&P 500 and Dow Jones Industrials to new record highs. The continuing string of second-quarter earnings reports was largely favorable today, and big gains in the energy sector helped reverse more troubling trends in the recent past. In addition, as you'll see in more detail below, favorable news from the retail sector led some investors to believe that the worst might be over for the long-struggling industry, and that helped make market participants more confident overall.

Among the best performers on the day were Macy's (NYSE: M), Brinker International (NYSE: EAT), and Middleby (NASDAQ: MIDD).

Macy's makes retail stocks fashionable again

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