Stock Market Today: Thursday’s Rally Wasn't Perfect But Stuck the Landing

An early afternoon swoon caused some stomachs to churn Thursday, but stocks finished solidly in the black as economic data continued to heat up.

Gymnast lands
(Image credit: Getty Images)

That was quite the headfake.

Thursday morning brought about a pair of reports confirming the same inflationary worries that yesterday’s consumer price index report did – and stocks zigged and zagged throughout the day before finishing broadly higher.

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Kyle Woodley

Kyle Woodley is the Editor-in-Chief of WealthUp, a site dedicated to improving the personal finances and financial literacy of people of all ages. He also writes the weekly The Weekend Tea newsletter, which covers both news and analysis about spending, saving, investing, the economy and more.

Kyle was previously the Senior Investing Editor for Kiplinger.com, and the Managing Editor for InvestorPlace.com before that. His work has appeared in several outlets, including Yahoo! Finance, MSN Money, Barchart, The Globe & Mail and the Nasdaq. He also has appeared as a guest on Fox Business Network and Money Radio, among other shows and podcasts, and he has been quoted in several outlets, including MarketWatch, Vice and Univision. He is a proud graduate of The Ohio State University, where he earned a BA in journalism. 

You can check out his thoughts on the markets (and more) at @KyleWoodley.