Stock Market Today: Stocks Start Short Week With a Snap-Back

Every sector finished in the black during a broad recovery session Tuesday ... even though there was little to justify the powerful move higher.

kid bouncing on yellow ball
(Image credit: Getty Images)

A light-news Tuesday gave the stock market the breathing room it needed to mount an aggressive rebound rally.

Whether the rally is of the short-lived "relief" variety remains to be seen. Today's widespread bullish action came on the heels of a 5.8% drop in the S&P 500 last week – the second consecutive 5%-plus decline for the index, which is a rarity (more on that in a moment).

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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.