Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



This Stock Is Leading the Dow's Rally

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

The Dow is up today thanks to two U.S. economic releases that bode well for the economy and signs that Congress and the president are moving closer to a compromise on the fiscal cliff. As of 1:20 p.m. EST, the Dow Jones Industrial Average (DJINDICES: ^DJI  ) is up 101 points, or 0.76%, to 13,336. The S&P 500 (SNPINDEX: ^GSPC  ) is up almost 1%.

This morning there were two U.S. economic releases:





Current account balance


($108 billion)

($118 billion)

Home Builders Index




The current account balance -- the difference between U.S. exports and imports of goods, services, and money -- shrank $10 billion in the third quarter from -$118 billion to -$108 billion. While analysts had expected a deficit of just -$102 billion, a declining U.S. current account deficit is seen as a positive.

The second release was the National Association of Home Builders housing market index, which rose two points from November to 47 -- its highest level since April 2006. The reading was above analysts' expectations of of 47. Still, it hasn't quite reached the threshold of 50, which indicates positive conditions.

NAHB/Wells Fargo National HMI Chart

NAHB/Wells Fargo National HMI data by YCharts.

In fiscal-cliff news, House Speaker John Boehner called for a plan B in case talks failed. The White House rejected any such measure, as it would rather force Congress to actually come up with a compromise -- not just kick the can down the road. The Motley Fool has created a special page that will be updated with all of our latest fiscal-cliff coverage to help cut through the daily noise and give you the information and analysis you need as an investor. Head on over for everything you need to know about fiscal cliff 2012.

Given the positive news about the economy and the fiscal cliff negotiations, it's no surprise that the market is up.

Today's Dow leader
Today's Dow leader is Hewlett-Packard (NYSE: HPQ  ) , up 2.3%. HP has had a terrible 2012, down 43% year to date. The company has been struggling with poor management for the past few years. A boardroom scandal, two terrible acquisitions, and accusations of fraud against the former CEO of one of its acquisitions have all combined to push the stock down 72% over the past five years. The stock has rallied 13% in the past month as some investors -- supposedly including noted activist Carl Icahn -- begin to see HP as a steal.

If you're interested in Hewlett-Packard, the Motley Fool's technology analyst details exactly what investors need to know about HP in our new premium research report. Just click here now to get your copy today, and you'll receive a year of updates as the stock's story unfolds.

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: 2160099, ~/Articles/ArticleHandler.aspx, 10/25/2016 3:50:01 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 18,178.24 -44.79 -0.25%
S&P 500 2,143.39 -7.94 -0.37%
NASD 5,281.58 -28.25 -0.53%

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

10/25/2016 3:34 PM
HPQ $13.90 Down -0.07 -0.50%
HP CAPS Rating: ***