Tuesday, April 7, 2020

Retail and Leisure's Comeback

The Wall Street roller coaster soared upward yesterday, with the S&P 500 Index adding 7 percent. It's now 21.3 percent below its peak closing high of February 19 and close to the level where it began 2019.

Some of the retail and leisure stocks that have been hit hardest during the crisis enjoyed double-digit increases yesterday, led by PVH, which owns such brands as Van Heusen, Tommy Hilfiger, Calvin Klein and IZOD. Monday's S&P's strongest performers:

  • PVH Corp., up 28.1 percent
  • Capri Holdings, up 25.9 percent
  • Nordstrom, up 24.1 percent
  • Kohl's, up 22.9 percent
  • MGM Resorts International, up 22.0 percent
  • Royal Caribbean Cruises, up 21.4 percent
  • Ulta Beauty, up 20.4 percent
  • Carnival, up 20.3 percent
  • Marriott International, up 19.5 percent
  • Boeing, up 19.5 percent
  • Norwegian Cruise Line, up 18.3 percent

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