What Happened in the Stock Market Today
Major benchmarks snapped a three-day losing streak Wednesday despite a lack of developments on a trade deal and mixed news on the economy. A report from the Institute for Supply Management showed that the service economy continues to expand, but the ADP National Employment Report suggested that job growth is slowing. The Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) closed up, with the biggest gains made by the energy sector after the price of crude oil rose 4%.
Data source: Yahoo! Finance.
As for individual stocks, two companies were in the news after shake-ups in their executive suites. Investors approved of management changes at Expedia Group (NASDAQ: EXPE) and Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL).
Source Fool.com
