All 10 sectors showed gains today with financial stocks and energy stocks leading the move higher. The market will wait on key economic numbers this week and developments in Europe for direction.
Stocks fell lower today, extending Septembers losing streak. Financial stocks once again led decliners as the European Unions deteriorating crisis retakes center stage.
Bank stocks got hammered today as major financial firms are getting sued for their roles in the mortgage crisis. Industrials and materials also slump as economic activity is expected to dry up.
As was the case yesterday, a late-hour rally in the session helped to propel stocks into positive territory for the second consecutive day. Volatility and choppy trading is still the trend.
JPMorgan Chase led financial stocks lower today after the second-largest bank in the U.S. reported disappointing results in Q3. Late trading surges helped to minimize the market's decline.