Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, June 28, 2011

Tuesday

The energy and consumer-discretionary sectors led a broad rally in U.S. stocks today, as investors warmed to riskier assets amid signs of progress in Greece's debt crisis. The Dow Jones Industrial Average rose 1.21% for the measure's biggest one-day gain since April 20. Caterpillar led blue-chips with a gain of 3%. McDonald's rose 2.5% and Home Depot added 2.4%. A mixed batch of U.S. economic data showed that U.S. home prices rose in April from a month earlier, the first increase in eight months. But a June consumer-confidence reading was slightly lower than May's, disappointing expectations. DJIA +145.13 Nasdaq +41.03 S&P 500 +16.57.