What Happened in the Stock Market Today
The stock market briefly touched fresh all-time highs on Monday as investors absorbed Republicans' proposal to reduce corporate tax rates, as well as a flurry of news related to potential mergers and acquisitions. Both the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) edged slightly into positive territory when all was said and done.
Consumer goods stocks endured a difficult session, with the Consumer Staples Select Sector SPDR ETF (NYSEMKT: XLP) falling 1.1%. Gold stocks soared, and the Market Vectors Gold Miners ETF (NYSEMKT: GDX) gained 2.1%.
Source: Fool.com