What Happened in the Stock Market Today

What Happened in the Stock Market Today

Indexes fluctuated between gains and losses during the trading session Wednesday, but ultimately closed in the red. The Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) both posted small losses.

Data source: Yahoo! Finance.

Crude oil prices fell sharply after the government reported higher inventories of gasoline, dragging down energy stocks on fears of slowing demand. The SPDR S&P Oil & Gas Exploration & Production ETF (NYSEMKT: XOP) lost 3.1%. Tech continued to rebound, with the Technology Select Sector SPDR ETF (NYSEMKT: XLK) gaining 0.6%.

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Source: Fool.com