This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Major U.S. Markets Open Higher, S&P Near its All Time High

Susannah Lee
8/21/14 9:49 AM EDT
Major U.S. markets opened higher. The S&P 500 is near its all-time high. Investors will keep a close eye on the meeting of top central bankers in Jackson Hole, Wyoming. Fewer Americans applied for unemployment benefits than expected last week. The Labor Department reported weekly jobless claims fell by 14,000 to 298,000, analysts were expecting 300,000. Sears Holdings (SHLD), the operator of both Sears and Kmart Stores reported a wider-than-expected loss for the second quarter. This is the ninth straight quarterly loss for Sears. Victoria's Secret parent company, L Brands (LB) beat Wall Street's expectations by a penny on quarterly results. The retailer also raised its full year earnings outlook. Carl Icahn has nearly an 8.5% stake in Hertz Global Holdings (HTZ). The billionaire activist investor says the shares are 'UNDERVALUED' and plans to talk to management on its issues. Icahn's disclosure helped Hertz shares rebound after the stock plummeted once the company withdrew its guidance for 2014.
Stock quotes in this video: SHLD, LB, HTZ

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs