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TPR Tapestry Inc

39.49
-0.43 (-1.08%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Tapestry Inc NYSE:TPR NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.43 -1.08% 39.49 40.07 39.155 39.80 3,503,004 22:08:58

MARKET SNAPSHOT: U.S. Stocks Rise; Merck, Sprint Rally On Results

29/04/2014 3:42pm

Dow Jones News


Tapestry (NYSE:TPR)
Historical Stock Chart


From May 2019 to May 2024

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By Anora Mahmudova, MarketWatch

NEW YORK (MarketWatch) -- U.S. stocks trimmed opening gains on Tuesday, as investors weighed better-than-expected earnings from Merck & Co. Inc. and Sprint Corp. against mildly disappointing economic reports.

Consumer confidence dipped slightly in April, coming in below economists' forecasts. Separately, U.S. home-price growth slowed in February for the fourth consecutive month.

The S&P 500 (SPX) were 6 points, or 0.3%, higher at 1,875.64. The Dow Jones Industrial Average (DJI) rose 69 points, or 0.4%, to 16,517.27. The Nasdaq Composite (RIXF) gained 10 points, or 0.3%, to 4,085.40.

Follow MarketWatch's live blog of today's stock-market action.

In earnings news, Sprint Corp. (S) shares rallied 6.1% after the company posted a smaller-than-expected loss in the first quarter.

Merck & Co. (MRK) rose 3.3% after it reported adjusted earnings of 88 cents a share, beating analysts estimate for 79 cents a share, in the first quarter.

Coach Inc. (COH) shares fell 8.9% after the luxury-goods retailer reported weak North American sales.

Shares of Archer Daniels Midland Co. (ADM) dropped 2.9% after the company's first-quarter profit and sales missed analysts' forecasts.

Shares of Amicus Therapeutics Inc. (FOLD) soared 24% to $2.29 after the company announced positive data in a study of a drug to treat patients with Fabry disease.

After the closing bell, Twitter Inc. (TWTR) and eBay Inc. (EBAY) are scheduled to report quarterly results.

Gogo Inc. (GOGO) shares slid 22% after AT&T Inc. (T)said Monday it would launch in-flight, high-speed Internet service on airlines, competing with the company. The slide triggered the short sale circuit breaker on the Nasdaq OMX exchange.

In overseas markets, European markets were higher after an easing in geopolitical tensions between Russia and the West. Late Monday, Moscow assured Washington that it won't invade Ukraine, while reports said Russian troops had left the Ukrainian border and returned to their base. Asia markets closed mixed.

In other financial markets, most metals (GCM4) declined, while oil prices (CLM4) advanced.

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