Consumer Discretionary Stocks Rebound Sharply

Consumer discretionary stocks rebounded sharply Tuesday, climbing back after being hit hard Monday in a broad market rout. Best Buy was the biggest gainer on the S&P 500 in early trade, after the company reported stronger-than-expected earnings for its fiscal second quarter. The stock rose 15% in early trade. Streaming giant Netflix Inc. climbed 7%, Apple Inc was up 4.2% and Under Armour Inc. was up 4%.

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