Market Wrap for Tuesday, February 5: Stocks Shrug Off Monday's Losses to Stage Rally
February 05, 2013 at 16:19 PM EST
A day after falling the most in 2013, the U.S. stock market rebounded strongly on the back of good economic data. In the United States, the ISM Services Index for January was roughly in-line with expectations while a reading of Eurozone Composite PMI rose to a 10-month high last month.