Stocks bounced back today, recovering most of Wednesday's
losses before pulling back a bit in the final hour of
The S&P 500 gained 0.4%, while the Dow Jones Industrial
Average added roughly 22 points. The Nasdaq was Thursday's
biggest mover, advancing 0.7%.
Several big-name stocks helped spark today's rally - including
one high-profile tech stock.
Here were Thursday's biggest winners:
The social network had its best day in nearly a month, rising
5.3%. It wasn't enough to make up for what has been a rough
month for Facebook investors. The stock had fallen 16% in May
entering the day, dipping to its lowest level since early
November. Two analyst upgrades were the catalysts behind
today's rebound - perhaps a sign of brighter days ahead for
) and Barrick Gold (
Shares of the world's two largest gold miners soared today as
gold prices continued to rally. Goldcorp shares advanced 5.5%,
while Barrick tacked on 7.4%. A 1.5% push in gold prices
certainly helped, as the yellow metal closed above $1,400 an
ounce for the first time in two weeks.
The mid-cap electronics company is going ex-dividend tomorrow,
prompting procrastinating investors to flock to the stock
today. GameStop shares were up 5.5% as investors hoped to take
advantage of the stock's generous 3.5% yield. The stock is now
up 26% year-to-date.