Market Wrap for Thursday, May 30: Stocks Shrug Off Wednesday's Losses to Resume Uptrend
May 30, 2013 at 16:15 PM EDT
Investors reacted to a series of decent, but not great, economic reports released on Thursday by bidding up stocks a day after a sell-off on Wall Street. Overall, the gains were modest, but there was no follow through to the downside after the market came under selling pressure on Wednesday.