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Security News Highlights 08/04/2014
Share This:Monday August 4, 2014 started on a positive note: The S&P 500 settled higher by 0.7% with nine sectors ending in the green. Like energy, the consumer discretionary sector (+1.0%) also added at least 1.0%. The group received all-around support as carmakers, homebuilders, and retailers rallied. Shares of Ford (F 17.02, +0.21) and General Motors (GM 33.61, +0.17) posted respective gains of 1.3% and 0.5% in reaction to strong July sales, while the iShares Dow Jones US Home Construction ETF (ITB 22.36, +0.22) added 1.0%. With regard to retail stocks, the SPDR S&P Retail ETF (XRT 84.57, +0.93) advanced 1.1%,
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