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.

Data source: Yahoo! Finance.

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.

Continue reading

Source Fool.com