Comment on Why Sears Holdings, Barrick Gold, and Ryder System Slumped Today

Why Sears Holdings, Barrick Gold, and Ryder System Slumped Today

Tuesday was another strong day for the stock market, and both the Nasdaq Composite and Dow Jones Industrials climbed above key milestones to re-establish the bullish tone among investors. Impressive earnings reports from key stocks in several different sectors of the economy helped build on the momentum that Monday's geopolitically spurred rally created, and market participants now seem to believe that the 8-year-old bull market could still have legs to run a lot further to the upside.Yet not every stock benefited from the positive tone on Wall Street today, and Sears Holdings (NASDAQ: SHLD), Barrick Gold (NYSE: ABX), and Ryder System (NYSE: R) were among the worst performers on the day.

 

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