Bulls Lead the Charge on Election Day

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

It's Election Day, and markets are in a surprisingly cheerful mood. With 40 minutes left in trading, the Dow Jones Industrial Average (INDEX: ^DJI  ) is up 1%, and the S&P 500 (INDEX: ^GSPC  ) has moved 0.8% higher. There isn't any major economic news driving stocks higher, but investors are probably relieved that we're closer to finding out what our fiscal future looks like.

On the company level, Boeing (NYSE: BA  ) jumped 2.4% today after Aeromexico finalized an order for 60 737s, with an option to buy another 30 planes. The order is valued at about $6 billion.

United Technologies (NYSE: UTX  ) rose 2.8% in a steady climb after announcing it had prepaid $1 billion of debt it took on to purchase Goodrich. This was half of the cash borrowed for the acquisition, and I'll always cheer a company paying off debt early.

The only loser for the moment on the Dow is Intel (Nasdaq: INTC  ) , which has fallen 0.4%. Bloomberg reported late Monday that Apple (Nasdaq: AAPL  ) may switch from Intel's chips to internally designed chips for Macs sometime in the future. The move may be years off, but it still has investors a bit uneasy about Intel today. Find out if Intel is a dud or a bargain waiting to be pounced on in our premium report on the stock.

Oil and gold have also had big run-ups today. Oil has gained 3.1% and is currently trading above $88 per barrel, while gold has jumped 1.8% on the day. It looks like investors are buying anything they can get their hands on today.

Your election guide
Barack Obama and Mitt Romney have competing visions for getting America back on track, but The Motley Fool will have you prepared to profit -- no matter who wins! Download your copy now, for free, and discover hidden ways to profit from the election.

Read/Post Comments (0) | Recommend This Article (1)

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: 2098695, ~/Articles/ArticleHandler.aspx, 10/27/2016 9:17:27 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 12 hours ago Sponsored by:
DOW 18,199.33 30.06 0.00%
S&P 500 2,139.43 -3.73 0.00%
NASD 5,250.27 -33.13 0.00%

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

10/26/2016 4:00 PM
AAPL $115.59 Down -2.66 +0.00%
Apple CAPS Rating: ****
BA $145.54 Up +6.52 +0.00%
Boeing CAPS Rating: ****
INTC $34.92 Down -0.18 +0.00%
Intel CAPS Rating: ****
UTX $101.01 Down -0.35 +0.00%
United Technologie… CAPS Rating: ****