Does the Dow Have a Case of the Mondays? (BAC, TRV)

Does the Dow Have a Case of the Mondays?

By Dari FitzGerald | More Articles
January 23, 2012 | Comments (0)

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The Dow Jones Industrial Average (INDEX: ^DJI ) climbed in early morning trading, only to fall past opening by noon in the face of an uncertain outcome for Greek debt talks. The Index did manage to rally itself for an afternoon push toward even, but ultimately fell short of the mark. Bank of America (NYSE: BAC ) turned in another strong performance to finish the day at the top of the heap, while Travelers (NYSE: TRV ) certainly found use for their red umbrella on a day that saw shares rain down all the way to the bottom of the pile.

Source: Yahoo! Finance

Today's uninspired performance could be overshadowed later in the week as investors react to news and announcements from the Fed's upcoming meeting. While Europe will continue to be a concern, it's likely that the major focus for the coming week will be right here at home.

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Fool.com graphics/photo/art editor Dari FitzGerald doesn't own shares of any companies mentioned. The Motley Fool owns shares of Bank of America. 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 Motley Fool has a disclosure policy.

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