End of the Day: S&P 500 up 5.9 to 2,069.41; Dow Jones up 7.8 to 17,817.90; Nasdaq up 41.9 to 4,754.89
* U.S. Defense Secretary Chuck Hagel resigned his position today. News comes as the Obama administration has been criticized for being too reactionary when it comes to developments in international crises. Hagel, a Republican with military experience, was brought in to manage the conflict withdrawal from the Afghanistan conflict.
* United Technologies (NYSE: UTX) announced that Louis R. Chenevert has informed the Board of Directors of his retirement