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Last week's big losers. ExxonMobil was the biggest Dow loser two weeks ago, after shedding 1.97% of its value. This week the oil and gas company rose 1.01%, while fellow Dow energy play Chevron (NYSE:CVX) was the index's second biggest decliner, losing 2.68%.
From Wall Street to Main Street, investors are doing a happy dance. On Wednesday, the U.S. stock market hit its highest level yet in 2016. After starting the year in meltdown mode, the market is on a comeback kick. The Dow has not only erased the losses, it's currently up 1.7% for the year. The S&P 500 has also notched a positive 1% gain.