What Happened in the Stock Market Today

Stocks started out Tuesday in the green, but drifted lower during the day. The Dow Jones Industrial Average (DJINDICES: ^DJI) closed down over 100 points, and the S&P 500 (SNPINDEX: ^GSPC) and the NYSE Composite also lost ground.

Data source: Yahoo! Finance.

Telecom stocks led the market retreat, with the iShares US Telecommunications ETF (NYSEMKT: IYZ) off 2.2%. Investors did some shopping for bargains after the recent sell-off in the tech sector, and the Vanguard Information Technology ETF (NYSEMKT: VGT) managed a gain of 0.2%.

Source: Fool.com