The Dow Jones Industrial Average
Cooler heads appear to be prevailing today after a seemingly endless barrage of bad news yesterday. U.S. jobless claims from two weeks ago were revised lower, Philadelphia-area manufacturing declined faster than expected, and data from Europe and China's manufacturing sector was universally disappointing. All of these reports sent stocks spiraling downward yesterday, but today is a new day and the three major indexes are all in the black despite a down day for stocks in Europe.
Investors overwhelmingly shrugged off Moody's after-hours downgrade yesterday of 15 of the world's largest banks. The action was widely expected and already priced into many of the bank stocks. In fact, both Bank of America
Outside the Dow, Facebook
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