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Stronger manufacturing data raised confidence in the global economy, and small-cap shares rebounded, resulting in a positive day for the market.

[Marriner S. Eccles Federal Reserve Board Building]
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Today, the U.S. Federal Reserve’s late-April meeting minutes were released, indicating that Fed officials believe continued stimulus does not risk an increase in the inflation rate.

[house in a shopping cart]
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Following yesterday’s worst session in a month, stocks rebounded today, led by a better-than-expected rise in the pace of home construction.

[piggy bank with a downward trending tail]
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Today’s losses were partly attributable to a sell-off in small-cap stocks.

[shopping]
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Both the S&P 500 and the Dow Jones Industrial Average made slight gains from yesterday’s records today, thanks in part to data that showed March retail sales were higher than initially reported.

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Thanks to rises in Internet and small-cap shares, among others, the S&P 500 and Dow Jones Industrial Average both reached respective records today.