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

US stocks rise with Dow up over 300 points, S&P 500 and NASDAQ also gaining. Kohl's Corp shares rise on strong Q4 results and guidance. Oil down.

U.S. stocks traded higher midway through trading, with the Dow Jones gaining more than 300 points on Tuesday.

The Dow traded up 0.73% to 48,089.38 while the NASDAQ rose 0.74% to 22,863.07. The S&P 500 also rose, gaining, 0.55% to 6,833.03.

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Leading and Lagging Sectors

Information technology shares rose by 0.8% on Tuesday.

In trading on Tuesday, energy stocks dipped by 1.2%.

Top Headline

Kohls Corp (NYSE:KSS) shares moved higher on Tuesday after the company reported better-than-expected fourth-quarter financial results and issued FY2026 sales guidance above estimates.

Kohl’s reported quarterly earnings of $1.07 per share which beat the analyst consensus estimate of 85 cents per share. The company reported quarterly sales of $5.173 billion which beat the analyst consensus estimate of $5.032 billion.

Equities Trading UP

Stagwell Inc. (NASDAQ:STGW) shares shot up 14% to $5.97 following fourth-quarter results.
Shares of Zevra Therapeutics, Inc. (NASDAQ:ZVRA) got a boost, surging 21% to $11.04 after the company reported better-than-expected fourth-quarter financial results. Also, the company announced a new genetic testing program with GeneDx for patients with suspected Niemann-Pick disease type C.
Nio Inc – ADR (NYSE:NIO) shares were also up, gaining 11% to $5.48 as the company reported better-than-expected fourth-quarter financial results, and stronger-than-expected first-quarter revenue outlook.

Equities Trading DOWN

BioNTech SE (NASDAQ:BNTX) shares dropped 19% to $82.76 after the company reported fourth-quarter financial results and issued FY26 sales guidance below estimates.
Shares of Mesa Laboratories, Inc. (NASDAQ:MLAB) were down 13% to $76.34 after the company announced CEO transition and appointment of Siddhartha Kadia as president and CEO.
Centene Corporation (NYSE:CNC) was down, falling 11% to $38.47 after the company reaffirmed its 2026 GAAP EPS and 2026 adjusted EPS guidance.

Commodities

In commodity news, oil traded down 13.1% to $82.36 while gold traded up 2.6% at $5,237.30.

Silver traded up 6.4% to $89.90 on Tuesday, while copper rose 1.8% to $5.9550.

Euro zone

European shares were higher today. The eurozone's STOXX 600 gained 1.88%, while 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 rose 1.79% during the session.

Asia Pacific Markets

Asian markets closed higher on Tuesday, with Japan's Nikkei 225 gaining 2.88%, Hong Kong's Hang Seng index surging 2.17%, China's Shanghai Composite rising 0.65% and India's BSE Sensex rising 0.82%.

Economics

U.S. existing home sales climbed by 1.7% month-over-month to an annualized rate of 4.09 million in February compared to market estimates of 3.89 million.
U.S. private employers added an average of 15,500 jobs a week during the four weeks ending Feb. 21.

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