Strong retail sales figures and earnings from Citigroup Inc. helped U.S. markets break a streak of two consecutive losing sessions Monday. The Dow Jones rallied 0.91 percent, while the S&P 500 increased 0.82 percent. The Commerce Department reported retails sales in March increased 1.1 percent, the largest gain since September 2012. According to Bloomberg the median forecast of 78 economists had called for a 0.9 percent increase. Here is how some retail stocks reacted Monday:
Nordstrom, Inc. (NYSE: JWN) shares traded in the range of $59.97 to $61.21 Monday before settling to close at $60.52, an increase of 0.10. The stock appears to be facing some resistance at the $60.53 and $61.32 levels with some support at $59.83 and $59.51. Shares of Nordstrom have fallen approximately 2.0 percent year-to-date.
More information on Nordstrom and access to the free equity report can be found at:
www.WallStreetFundamentals.com/JWN
Kohl's Corporation (NYSE: KSS) shares traded in the range of $53.11 to $53.97 Monday before settling to close at $53.56, an increase of 0.88. The stock appears to be facing some resistance at the $54.48 and $55.54 levels with some support at $53.44 and $52.54. Shares of Kohl's have fallen approximately 6.0 percent year-to-date.
More information on Kohl's and access to the free equity report can be found at:
www.WallStreetFundamentals.com/KSS
Ross Stores, Inc. (NASDAQ: ROST) shares traded in the range of $68.86 to $69.91 Monday before settling to close at $69.27, an increase of 0.32. The stock appears to be facing some resistance at the $69.51 and $70.30 levels with some support at $67.45 and $65.78. Shares of Ross Stores have fallen approximately 8.0 percent year-to-date.
More information on Ross Stores and access to the free equity report can be found at:
www.WallStreetFundamentals.com/ROST
The TJX Companies, Inc. (NYSE: TJX) shares traded in the range of $57.71 to $58.44 Monday before settling to close at $58.29, an increase of 0.80. The stock appears to be facing some resistance at the $58.40 and $59.00 levels with some support at $56.00. Shares of The TJX Companies have fallen approximately 8.0 percent year-to-date.
More information on The TJX Companies and access to the free equity report can be found at:
www.WallStreetFundamentals.com/TJX
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