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DSW Inc. stock price
DSW Inc. latest news:
Dow enjoys best day in 4 months as stock market rallies to the close
The Dow Jones Industrial Average on Tuesday registered its best day in about four months on the back of a resurgence in buying appetite, led by gains in technology and health-care stocks. The Dow closed nearly 200 points higher, or 0.9%, at about 21,900, representing its best single-session rise since April 25, when it climbed 232 points, or 1.1%, according to FactSet data. The price-weighted gauge's advance was supported by climbs in components Boeing Co. , Apple Inc. , and Goldman Sachs Group Inc. . Tuesday's uptrend also appeared to be bolstered by renewed enthusiasm in risk assets, like equities, following a tough past few weeks for stock benchmarks and worries about turmoil within President Donald Trump's administration, which could undermine the president's ability to push through previously pledged, business-friendly legislation. The Nasdaq Composite Index surged 1.4% at 6,297, snapping a 4-session slump and booking its best daily advance since June 28, while the S&P 500 index gained 1% at 2,452.Some market participants attributed the recent rally to a Politico report that said Trump's policy team was making progress on a plan for changes to tax law. In other corporate news, shares of DSW Inc. had its best gain in the shoe-retailer's history after strong quarterly results. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
DSW's stock surge puts it on track for best daily gain since its 2005 public debut
Shares of DSW Inc. were on a tear on Tuesday, putting them on track to log their best one-day gain in the company's 12- year history as a publicly traded entity on heavy volume. DSW's stock was most recently trading up 21%, which would represent its best daily ascent since the Ohio-based shoe-retailer went public in June 2005. Its second best daily rise was a 16.9% rise May 24, 2011, according to FactSet data. The company was seeing nearly 8 million shares exchange hands, about 5 times...
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