What Happened in the Stock Market Today

What Happened in the Stock Market Today

U.S. stocks soared on Monday, with investors breathing a collective sigh of relief as Hurricane Irma began to weaken. All told, both the Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) climbed more than 1%.

Data source: Yahoo! Finance.

Financials stocks extended Friday's gains thanks to a continued rebound from insurers, and the Financial Select Sector SPDR Fund (NYSEMKT: XLF) jumped 1.7%. Tech stocks weren't far behind, with the Technology Select Sector SPDR Fund (NYSEMKT: XLK) up 1.4%, partly buoyed in anticipation of Apple's big product launch event slated for tomorrow.

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Source: Fool.com