Dow Leads Higher

    On Wednesday, U.S. stocks closed with gains across the board. The Dow was the best performer, rising 1.2%. In early trading, the market rose sharply on bullish news such as better economic data and hope for a rescue plan. The Dow rose more than 2% at its highest.

But after midday, the Senate majority leader said the two sides were far apart on stimulus talks, and the market's gains narrowed before picking up late in the day.

    The first-round debate of the presidential election on Tuesday night did not make the election as clear as the market expected, but increased uncertainty. Some analysts believe that Biden is more likely to win. For investors, who will like a president wants to raise corporate taxes and investor capital gains taxes? That may be why U.S. stock futures were lower overnight after the debate.

    In short, half of the reason that drives stocks up and down comes from the performance of industry sectors. Therefore, in stock investment, tracking the performance of sectors is an important part.