What Happened in the Stock Market Today

What Happened in the Stock Market Today

Equity markets were spooked Friday morning following news that former National Security Advisor Michael Flynn had pleaded guilty to lying to the FBI, but major benchmarks ultimately recovered to close with small losses. The Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) fell less than a quarter percent.

Data source: Yahoo! Finance.

Industrial stocks retreated, but energy stocks extended their gains after a good week. The Industrial Select SPDR ETF (NYSEMKT: XLI) fell 1.2% and the SPDR S&P Oil & Gas Exploration & Production ETF (NYSEMKT: XOP) added 2%.

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Source: Fool.com