Stock Market Today: Tech Recovers in Broad-Market Bounce-Back

Better-than-expected U.S. services data and fresh firepower in the fight against COVID helped stocks claw back much of Monday's losses.

Concept art of technology
(Image credit: Getty Images)

Stocks' autumnal volatility continued Tuesday, with equities ricocheting well into the green after a dreadful start to the week.

Among the reasons for optimism: a report from Institute for Supply Management that showed a better-than-expected September reading from the services sector (61.9, up from 61.7 in August and versus 59.9 expected).

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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, and the Managing Editor for 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.