Why Movado Group, Fiat Chrysler Automobiles, and Exact Sciences Jumped Today

The stock market rebounded sharply on Wednesday, and major benchmarks recovered most of the ground they lost on Tuesday, posting gains of around 1%. Concerns about financial difficulties in the Italian economy seemed to ebb in investors' minds, as those looking more closely at the problem came to the conclusion that U.

S. exposure to any troubles the European Union might face as a result of pressure on its common currency wouldn't be as large as initially feared. In addition, some good news from several parts of the market improved overall sentiment. Movado Group (NYSE: MOV), Fiat Chrysler Automobiles (NYSE: FCAU), and Exact Sciences (NASDAQ: EXAS)were among the best performers on the day. Here's why they did so well.