Comment on What Happened in the Stock Market Today

What Happened in the Stock Market Today

Reports of new tariffs on China were taken in stride by the U.S. equity market on Tuesday, and the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) posted moderate gains.Data source: Yahoo! Finance.Consumer discretionary stocks led the market, with the Consumer Discretionary Select Sector SPDR ETF (NYSEMKT: XLY) adding 1.3%. Interest rates rose, with the yield on 10-year Treasurys closing above 3% and hurting rate-sensitive sectors like the real estate.

 

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