Wild Wednesday

Today the stocks rallied! This is the fifth largest gain this year in the markets! There are several reasons for this increase. The rally was led by the technology and financial stocks. Also, Intel posted a very optimistic outlook. After earnings were so grim, they are expecting great things this quarter. In addition, credit card issuers posted big gains as well while delinquency rates fell. Overall, it was a great day in the markets. DJIA +256.72 S&P 500 +26.84 NASDAQ +63.17