Dow Jumps Over 300 Points; Kohl's Posts Upbeat Earnings
Kohl’sKohl’s(US:KSS) Benzinga·2026-03-10 17:19

Group 1: U.S. Stock Market Performance - U.S. stocks traded higher, with the Dow Jones gaining over 300 points, up 0.73% to 48,089.38 [1] - The NASDAQ rose 0.74% to 22,863.07, and the S&P 500 increased by 0.55% to 6,833.03 [1] - Information technology shares rose by 0.8%, while energy stocks dipped by 1.2% [1] Group 2: Kohl's Corp Financial Results - Kohl's Corp shares increased after reporting better-than-expected fourth-quarter financial results [2] - The company reported quarterly earnings of $1.07 per share, surpassing the analyst consensus estimate of 85 cents [2] - Quarterly sales reached $5.173 billion, exceeding the analyst consensus estimate of $5.032 billion [2] Group 3: Commodity Market Updates - Oil prices decreased by 13.1% to $82.36, while gold prices increased by 2.6% to $5,237.30 [3] - Silver prices rose by 6.4% to $89.90, and copper prices increased by 1.8% to $5.9550 [3] Group 4: European Market Performance - European shares were higher, with the eurozone's STOXX 600 gaining 1.88% [4] - Spain's IBEX 35 Index jumped 3.05%, London's FTSE 100 rose 1.59%, Germany's DAX gained 2.39%, and France's CAC 40 increased by 1.79% [4] Group 5: Asia Pacific Market Performance - Asian markets closed higher, with Japan's Nikkei 225 gaining 2.88% and Hong Kong's Hang Seng index surging 2.17% [5] - China's Shanghai Composite rose by 0.65%, and India's BSE Sensex increased by 0.82% [5] Group 6: U.S. Economic Indicators - U.S. existing home sales climbed by 1.7% month-over-month to an annualized rate of 4.09 million, surpassing market estimates of 3.89 million [6] - U.S. private employers added an average of 15,500 jobs a week during the four weeks ending February 21 [6]

Kohl’s-Dow Jumps Over 300 Points; Kohl's Posts Upbeat Earnings - Reportify