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Market Update

Morningstar U.S. Market Close Summary

Stocks rallied Wednesday, led by real estate sector gains.

Illustration with a Wall Street sign, a dollar, sector images, and the Morningstar equity style box.

(Update as of 4:00 pm CDT) Stocks ended the day higher on Wednesday, with the Morningstar US Market Index rising 1.4%, led by gains in real estate stocks.

All 11 stock sectors ended the day higher. Gains were led by real estate, up 2.2%, and technology, up 2.1%.

The Morningstar Style Box also closed up across the board. Large growth stocks led the way with a 1.8% increase while small value trailed the rest of the style box with a 1.1% gain.

Tesla was the most-actively traded stock as of Wednesday’s close, gaining 2.5%, to $193.88 per share. Among other actively traded stocks, Intel Corp was up 7.6%, to $31.52, First Republic Bank was up 5.6% to $14.26, and Bank of America Corp was up 2% to $28.67.

This article was generated by Automated Insights, an automated smart-text platform, using data from Morningstar Indexes.