What Happened in the Stock Market Today

What Happened in the Stock Market Today

Stocks rebounded from a two-day sell-off as positive earnings reports fueled optimism about the economy. The Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) both posted strong gains.

Data source: Yahoo! Finance.

Consumer stocks led the market today, with the Consumer Staples Select Sector SPDR ETF (NYSEMKT: XLP) gaining 1.4%. Technology companies had a big day; the Technology Select Sector SPDR ETF (NYSEMKT: XLK) likewise rose 1.4%.

Continue reading

Source: Fool.com