The major market indexes rebounded from Monday's dip, as the latest round of earnings and economic reports wowed the Street. Chipotle Mexican Grill, Inc. (NYSE:CMG) was among the companies in the headlines, rallying to a record high in the wake of encouraging earnings and a subsequent batch of bullish brokerage notes. On the economic front, the U.S. housing market improved by more than expected last month, while the latest inflation stats were roughly in line with estimates. As domestic data points overshadowed geopolitical tensions in Gaza and Ukraine, the S&P 500 Index (SPX) touched a new all-time peak, while the Dow Jones Industrial Average (DJI) enjoyed a 62-point rise.
Continue reading for more on today's market, including:
The Dow Jones Industrial Average (DJI - 17,113.54) flirted with modest gains throughout the session, adding 61.8 points, or 0.4%, by the close. Intel Corporation (NASDAQ:INTC) led the 20 advancing equities once again, tacking on 2.1%. Travelers Companies Inc (NYSE:TRV) suffered a post-earnings swoon of 3.8%, pacing the nine decliners, while Microsoft Corporation (NASDAQ:MSFT) finished flat ahead of earnings.
The S&P 500 Index (SPX - 1,983.53) advanced 9.9 points, or 0.5%, after earlier notching an all-time high of 1,986.24. The Nasdaq Composite (COMP - 4,456.02) fared the best of its peers, gaining 31.3 points, or 0.7%.
The CBOE Volatility Index (VIX - 12.24) retreated 0.6 point, or 4.5%, but remained north of 12 for the fourth straight session.
5 Items on Our Radar Today:
For a look at today's options movers and commodities activity, head to page 2.
The Case for Big Moves in IWM and QQQ
Featured Partners: AOL DailyFinance
© 2015 Schaeffer's Investment Research, Inc. 5151 Pfeiffer Road, Suite 250, Cincinnati, Ohio 45242
Phone: (800) 448-2080 FAX: (513) 589-3810 Int'l Callers: (513) 589-3800 Email: firstname.lastname@example.org
All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
Market Data provided by QuoteMedia.com | Data delayed 15-20 minutes unless otherwise indicated.