Wall Street recovered from its biggest one-day drop this year, as U.S. equities rallied to finish near session highs today. Bolstering stocks were a slew of upbeat earnings results and encouraging economic reports. The Commerce Department stated that construction of new homes jumped to the highest level since the financial crisis, while industrial production also rose more than expected. In earnings news, Coca-Cola (KO) and Johnson & Johnson (JNJ) both beat analysts expectations, while Goldman Sachs Group (GS) reported higher profit and revenue forecasts, but showed signs of weakness in trading revenue [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Stocks Rebound From Worst One-Day Drop In 2013 Following today’s upbeat earnings and economic reports, all three major U.S. equity indexes rallied into positive territory. The Dow Jones Industrial Average ETF gained 1.06%, as its underlying index soared 157.58 points. The S&P 500 ETF rallied 1.48%, while the tech-heavy Nasdaq ETF rose 1.33%. In Europe, [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Markets At Fed’s Mercy Daily ETF Roundup: Dow Tumbles, Posting Worst One-Day Drop In 2013 Daily ETF Roundup: Stocks Close Near Session Highs Daily ETF Roundup: S&P Closes Near All-Time High Daily ETF Roundup: Housing Data Brings Back The Bulls