It's always tough for the stock market to keep rallying after a huge market move the previous day, and today was no exception. Even as investors digested the implications of the European Central Bank's move to support bond purchases in an effort to keep relatively high interest rates down in economically weak nations, they faced news that the labor market in the U.S. isn't producing as many jobs as everyone would like. Although that may increase the odds of Federal Reserve action, the fundamental concern is that thus far, all the intervention from central banks hasn't brought back truly strong growth rates. As a result, investors are stuck in neutral, and the Dow Jones Industrials
Three Dow stocks, however, had very impressive moves. On one hand, the Chinese government said it will invest more than a trillion yuan -- equivalent to more than $150 billion -- in infrastructure projects. This stimulus package isn't as big as the one that the U.S. implemented in the wake of 2008's financial crisis, but with China's focus on supporting construction-related projects, Alcoa
Meanwhile, Bank of America
A weekend of waiting
The news never stops coming, but the weekend at least gives us a chance to stop looking at the minute-to-minute moves in the market and focus on the bigger question. B of A, for instance, has a long-term strategy it's following to try to get back to its past success. Will it find its way? Find out about the bank's prospects in the Fool's premium report on Bank of America.