NEW YORK — The WWD Composite Stock Index advanced a healthy 1.25 percent last week to 111.6 from 110.22, boosted in part by a rally in Dillard’s Inc.’s stock on speculation that Federated Department Stores Inc. may seek to acquire the retailer.

The S&P 500 rose 1.24 percent to 1,136.47 from 1,122.51 in a shortened trading week. The markets were closed Friday in honor of former President Ronald Reagan.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus