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%.
Source: Fool.com