The market jumped once again and it wasn't just tech driving the action.
 | TUE, SEP 15, 2020 | | | | DOW | | NAME | LAST | CHG | %CHG | | AAPL | 115.54 | +0.18 | +0.16% | | INTC | 50.00 | +0.59 | +1.19% | | JPM | 99.28 | -3.19 | -3.11% | |
| | S&P 500 | | NAME | LAST | CHG | %CHG | | AAPL | 115.54 | +0.18 | +0.16% | | GE | 6.10 | -0.05 | -0.81% | | C | 44.81 | -3.34 | -6.94% | |
| | NASDAQ | | NAME | LAST | CHG | %CHG | | AAPL | 115.54 | +0.18 | +0.16% | | TSLA | 449.76 | +30.14 | +7.18% | | AMD | 78.93 | +1.03 | +1.32% | |
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The market jumped once again and it wasn't just tech driving the action. Of the 11 S&P 500 sectors, eight posted gains on Tuesday. Communication services rose 1.7% to lead and real estate jumped 1.4%. Tech and consumer discretionary rose 1% each. Materials and utilities also posted gains. In recent months, money has flowed into tech-related names at the expense of the rest of the market. However, the moves over the past two trading days show more stocks could start participating in the rally off the coronavirus lows.  "The bottom line is that the market continues to have broad participation," said Frank Cappelleri, executive director at Instinet. "That's the most crucial characteristic to maintain going forward." This market broadening could be put to the test on Wednesday, when the Federal Reserve announces its latest monetary policy decision. The central bank is expected to strike a dovish tone, but stocks may become volatile if traders don't get clear details on the Fed's policy plans moving forward. Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world. |
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