Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Why the Dow's Losing Today

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

After a strong day yesterday, stocks gave back much of their gains this morning. Investors took Germany's announcement of 3% GDP growth in 2011 with a grain of salt, as the first part of the year was by far the strongest as European debt woes have slowed the Continent's biggest economy in more recent months. Just after 11:30 a.m. EST, the Dow Jones Industrials (INDEX: ^DJI  ) were down 45 points to 12,417, while the S&P 500 fell three points to 1,289.

Gold prices continued their recent rise, hitting a four-week high above $1,640 per ounce. More than 100,000 kilos of gold purchases from China helped boost the yellow metal.

Looking at Dow stocks, Coca-Cola (NYSE: KO  ) was the biggest loser, down about 2.3% to $67.73. The stock suffered a downgrade from analyst UBS, which said that the soft drink giant would face greater foreign-exchange pressure from a rising dollar and slower growth in sales volumes. It also cited a fairly high valuation in reducing its price target on the stock from $73 to $70. But the comments seem directed at the industry as a whole rather than Coke specifically, as the firm also downgraded PepsiCo (NYSE: PEP  ) for most of the same reasons. Pepsi shares fell about 2%.

Disney (NYSE: DIS  ) also struggled, falling 1.8% to $38.91. Ratings for the college football championship game, which aired on its ESPN unit, were down from last year and at the lowest levels since 2005. With content producers in the limelight as the streaming video industry continues to evolve amid huge competition, Disney is arguably in the catbird seat with its rich library of valuable programming.

On the upside, Bank of America (NYSE: BAC  ) again topped the advancers list, jumping more than 2% to $6.79. Despite falling bonuses on Wall Street and fears about the coming earnings season, B of A is bouncing strongly from its huge declines in 2011. The bank also submitted its annual stress tests to the Fed earlier this week. Results won't come out until March, but the tests highlight the perception of how fragile the banking system is right now.

To get the best stock prospects, you may want to look outside the major averages. Check out The Motley Fool's latest special report to discover our top stock pick for 2012. It's free, but it won't be available for long, so get your copy now.

Fool contributor Dan Caplinger doesn't own shares of the companies mentioned. You can follow him on Twitter here. The Motley Fool owns shares of Bank of America, Coca-Cola, and PepsiCo. Motley Fool newsletter services have recommended buying shares of Coca-Cola, Walt Disney, and PepsiCo, as well as creating a diagonal call position in PepsiCo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool has a disclosure policy.

Read/Post Comments (1) | Recommend This Article (9)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On January 11, 2012, at 12:01 PM, seattleretro wrote:

    "Ratings for the college football championship game, which aired on its ESPN unit, were down from last year and at the lowest levels since 2005."

    Duh, how much of that was due to it not being on broadcast TV?

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1756341, ~/Articles/ArticleHandler.aspx, 10/26/2016 2:17:18 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 5 hours ago Sponsored by:
DOW 18,169.27 -53.76 -0.30%
S&P 500 2,143.16 -8.17 -0.38%
NASD 5,283.40 -26.43 -0.50%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/25/2016 4:34 PM
^DJI $18169.27 Down -53.76 -0.30%
BAC $16.72 Down -0.05 -0.30%
Bank of America CAPS Rating: ****
DIS $92.75 Down -0.62 -0.66%
Walt Disney CAPS Rating: *****
KO $42.54 Down -0.02 -0.05%
Coca-Cola CAPS Rating: ****
PEP $107.23 Down -0.08 -0.07%
PepsiCo CAPS Rating: ****