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What Happened in the Stock Market Today


What Happened in the Stock Market Today

Stocks climbed again on Thursday after the U.S. Department of Commerce confirmed that consumer spending climbed 0.3% in July, supported by higher wages and salaries, marking the metric's biggest increase in three months. Both the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) secured another session of modest gains when all was said and done.

Data source: Yahoo! Finance.

Oil stocks delivered a particularly strong day, and the SPDR S&P Oil & Gass Exploration and Production ETF (NYSEMKT: XOP) climbed 1.8%. Gold stocks rebounded from yesterday's declines, sending the Market Vectors Gold Miners ETF (NYSEMKT: GDX) up 2.3%.

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Source: Fool.com

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