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Why the Dow Regained Some of Yesterday's Losses

After a terrible day yesterday in which the Dow Jones Industrial Average (INDEX: ^DJI  ) dropped 1.6%, the blue chip index managed to rebound slightly today, rising a quarter of a percentage point. Positive housing data was a big reason for the jump today, with the Case-Schiller index showing that property values in April dropped 1.9%, the smallest drop since November 2010. Here's how the three major indices fared today:

Index

Change This Week

Ending Value

Dow Jones Industrial Average 32.01 [0.26%] 12,534.67
Nasdaq 17.89 [0.63%] 2,854.06
S&P 500 6.27 [0.48%] 1,319.99

The two big energy companies on the Dow had a solid day, with Chevron (NYSE: CVX  ) and ExxonMobil (NYSE: XOM  ) rising 1.9 and 1.4%, respectively. Oil made a slight comeback today, while Exxon investors got some good news about refinery problems at two locations.

Check out the following video for more on what moved the Dow and these stocks today, and the big news that will drive Facebook's (Nasdaq: FB  ) stock tomorrow.

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Brendan Byrnes owns no shares of any companies mentioned. The Motley Fool owns shares of Facebook. Motley Fool newsletter services have recommended buying shares of Chevron. The Motley Fool has a disclosure policy. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.


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Today's Market

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DOW 15,318.23 138.38 0.91%
S&P 500 1,651.81 12.77 0.78%
NASD 3,482.18 30.05 0.87%

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Related Tickers

6/18/2013 4:34 PM
^DJI $15318.23 Up +138.38 +0.91%
DOW JONES INDUSTRI… CAPS Rating: No stars
XOM $91.93 Up +0.42 +0.46%
ExxonMobil Corp CAPS Rating: *****
FB $24.21 Up +0.19 +0.78%
Facebook CAPS Rating: **
CVX $121.52 Up +0.30 +0.25%
Chevron Corp CAPS Rating: *****

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