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Stocks bounce back from market sell-off, consumer discretionary sector adds to yesterday’s gains

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Yahoo Finance's Ines Ferré reports on how stocks are trading into the market close.

Video transcript

DAVE BRIGGS: Moments away from the closing bell. Ines Ferre tracking the rally. What are we seeing?

INES FERRE: And Dave, we're looking at the Dow up more than 500 points, as we go into these final minutes of trading. The NASDAQ up more than 2 and 1/2%, with consumer discretionary leading there. And the S&P 500 up almost 2% right now. Taking a look at the sectors, as I mentioned, consumer discretionary in the lead, along with technology and communications services. And consumer discretionary adding to yesterday's gains. Over a two-day chart, you can see how much XLY has gained.

Over on the NASDAQ 100, we're watching Amazon up more than 4%, Tesla up more than 7%, and Nvidia up more than 5%. We're looking at the Chinese ADRs that are higher right now. BABA up more than 14% after its results. And the travel stocks are also seeing gains today.

I do want to point out the retail space because we did talk about consumer discretionary, but I just have to point out these winners today. Dollar Tree up more than 21%. Macy's is up as well. And Dollar General up 13%, along with Wayfair in the lead. Here's the closing bell for today, Thursday, May 26, at the New York Stock Exchange.

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