Market recap: Stocks rose as investors took heart from stronger U.S. economic data (I, II, III),...

|By:, SA News Editor
Market recap: Stocks rose as investors took heart from stronger U.S. economic data (I, II, III), but fell off highs after IMF's Lagarde offered the shocking analysis that the global outlook was "quite gloomy." The market's lack of conviction was clear, as defensive sectors - healthcare, consumer staples, utilities - led the way. The euro rose vs. the dollar; oil and gold drifted lower. NYSE gainers led losers three to two.