What Happened in the Stock Market Today

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%.

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Source: Fool.com