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 Inching Up This Morning

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

News of Eastman Kodak finally giving up the ghost and filing for bankruptcy protection wasn't enough to dampen favorable earnings news and economic data. Jobless claims fell to their lowest level in almost four years, while inflation came in flat in December, with a modest 0.1% increase in core inflation. Also, in Europe, Spain and France were able to hold long-term bond auctions without incident. Just after 10:15 a.m. EST, the Dow Jones Industrials (INDEX: ^DJI  ) were up 2 points to 12,581, while the S&P 500 (INDEX: ^GSPC  ) climbed 2 points to 1,310.

The big news from the Dow came from Bank of America (NYSE: BAC  ) , which jumped 5% after reporting a profit in the fourth quarter of 2011, a turnaround from a year-earlier loss. The bank reported net income to common shareholders of $1.58 billion for the quarter, or $0.15 per share, meeting analyst expectations. B of A also pointed to stronger capital positions as a positive for investors.

Falling in early trade was Pfizer (NYSE: PFE  ) , down about 1%. Yesterday, the company said that it would give up on its Dimebon Alzheimer's candidate drug, as its CONCERT phase 3 study failed to achieve desired results.

Also modestly lower was Home Depot (NYSE: HD  ) . The company's mobile-payments trial with eBay's PayPal is expanding to more than 50 stores across the nation in the coming week. Although the program likely won't have any big impact on Home Depot, it could be a game changer for PayPal in its quest to compete among credit card networks and other payment alternatives.

Don't settle for tiny gains from your portfolio. Learn about three smart stocks for the long run in The Motley Fool's latest special report. Click here and read it today before it's gone.

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. Motley Fool newsletter services have recommended buying shares of eBay, Pfizer, and Home Depot, as well as writing puts in eBay. 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 (0) | Recommend This Article (3)

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.

Be the first one to comment on this article.

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: 1760823, ~/Articles/ArticleHandler.aspx, 10/24/2016 2:48:07 PM

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 Moments ago Sponsored by:
DOW 18,224.12 78.41 0.43%
S&P 500 2,150.88 9.72 0.45%
NASD 5,304.04 46.63 0.89%

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

10/24/2016 2:33 PM
^DJI $18224.43 Up +78.72 +0.43%
^GSPC $2150.94 Up +9.78 +0.46%
S&P 500 INDEX CAPS Rating: No stars
BAC $16.79 Up +0.12 +0.69%
Bank of America CAPS Rating: ****
HD $127.84 Up +1.24 +0.98%
Home Depot CAPS Rating: ****
PFE $32.09 Down -0.09 -0.28%
Pfizer CAPS Rating: ****