Why Marathon Petroleum, Wayfair, and Frontier Communications Jumped Today

Wednesday was another bumpy day for the indexes, with most major benchmarks moving lower after staying fairly close to unchanged throughout much of the session. Earnings season hit its peak, creating several crosscurrents within the overall market, and investors also looked closely at the latest from the Federal Reserve to get hints about the likely direction of interest rates.

Even with worries about inflation and other factors holding back the broader market, some stocks saw extremely good performance. Marathon Petroleum (NYSE: MPC), Wayfair (NYSE: W), and Frontier Communications (NASDAQ: FTR)were among the best performers on the day. Here's why they did so well.