What Happened in the Stock Market Today

What Happened in the Stock Market Today

Major benchmarks moved lower on Monday, despite the fact that advancing issues outnumbered declining ones on the New York Stock Exchange.  The Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) both posted losses.

Data source: Yahoo! Finance.

Big tech stocks and semiconductors led the market downward, and the Technology Select Sector SPDR ETF (NYSEMKT: XLK) dropped 1.2%. Crude oil rose above $52 today, and energy stocks continued their recent rally. The SPDR S&P Oil & Gas Exploration & Production ETF (NYSEMKT: XOP) jumped 2.9%.

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Source: Fool.com