S&P 500 Bounces Back as Twitter, Amazon, Homebuilder Stocks Move Higher
Back in the right direction. After falling more than 1% yesterday, the S&P 500 Index (SNPINDEX: ^GSPC) gained 34.5 points, almost 1.1%, on Sept. 22.
Today's recovery was the result of broad gains for tech, telecom, and consumer goods stocks. Twitter (NYSE: TWTR) shares were today's biggest-gaining S&P stock, up 7% despite the lack of any news, while Amazon.com (NASDAQ: AMZN) shares moved up 5.7% on an analyst upgrade and rumors about Prime Day. Shares of D.R. Horton (NYSE: DHI) and Lennar (NYSE: LEN) were up more than 4%, making homebuilders one of the best-performing groups of stocks, following another record month for existing home sales.
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