Kohl’s up 48% Year-to-Date - Adviser Investments

Kohl’s up 48% Year-to-Date

Senior Vice President Chris Keith has the market analysis for Tuesday, August 21. Once again, we saw gains across all major U.S. stock indexes today, with both the Dow Jones Industrial Average and NASDAQ Composite advancing 0.5%. For the first time this year, the S&P 500 hit an all-time intra-day high; however, it came down from that high-water mark to close with 0.2% gains. Kohl’s ended the day at a record high—and is up 48% year-to-date—after exceeding both revenue and profit expectations. Uber Technologies also made headlines with the hiring of new C.F.O. Nelson Chai as the company prepares for its anticipated initial public offering.

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