What Happened in the Stock Market Today
Major benchmarks climbed higher after third-quarter earnings reports provided some good news for investors today. The Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) gained about 1%. The healthcare and financial sectors led the market, and growth stocks in the communications services sector also did well. The utility and consumer staples sectors were laggards.
Banks began reporting third-quarter earnings today, and JPMorgan Chase (NYSE: JPM) led off with strong results. UnitedHealth Group (NYSE: UNH) also cheered investors with a solid report.
Source Fool.com