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



Mr. Market’s Wild Holiday Ride

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

Rapidly swinging up, down, then back up again like a demanding toddler at a playground, the Dow Jones Industrial Average (DJINDICES: ^DJI  ) swung wildly throughout the day, and closed 18 points lower, or 0.14%, to end the day at 13,096. Despite some optimistic economic data in the morning on things like unemployment and home sales, the markets fell into a rut, as no positive news came on the fiscal cliff resolution. At one point this afternoon, every single Dow stock had lost ground

Thankfully, in the last hour and a half, stocks staged a comeback. International Business Machines (NYSE: IBM  ) was one of six Dow stocks to end in positive territory, after the House of Representatives announced a Dec. 30 session to work on the impending fiscal cliff.

Another technological blue chip mainstay, Cisco Systems (NASDAQ: CSCO  ) , wasn't quite as lucky, and actually led the index's laggards on Thursday, falling 1.4%. Cisco investors have seen a slew of acquisitions this year, and perhaps last week's pickup of telecom service-management provider BroadHop was one too many. Last month alone, Cisco spent nearly $1.5 billion to buy three different cloud-based companies. If Cisco's hoping these acquisitions will take investors to Cloud Nine, thus far, it's been sorely mistaken. 

It almost goes without saying that another day closer to the fiscal cliff is another bad day for industrials. So, as the markets began to pick up a bit in the afternoon, aluminum manufacturer Alcoa (NYSE: AA  ) didn't join the rally; a last-minute meeting scheduled just days before the Jan. 1 deadline apparently wasn't enough to boost the stock, and shares fell 1.3%.

Outside of the Dow, there was at least one unusual winner. Herbalife (NYSE: HLF  ) , which sells weight management and nutritional supplement products, finally had a decent day, gaining 3.2%. Nevermind that the company is down more than 40% for the year, or that legendary hedge fund managers have called the business model a "pyramid scheme." The company will hold a meeting in mid-January to address these issues, so there's no need to fear. Phew! 

Once a high-flying tech darling, Cisco is now on the radar of value-oriented dividend lovers. Get the lowdown on the routing juggernaut in The Motley Fool's premium report. Our report also has you covered with a full year of free analyst updates to keep you informed as its story changes, so click here now to read more.

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: 2170844, ~/Articles/ArticleHandler.aspx, 10/22/2016 3:30:52 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 6 hours ago Sponsored by:
DOW 18,145.71 -16.64 -0.09%
S&P 500 2,141.16 -0.18 -0.01%
NASD 5,257.40 15.57 0.30%

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

10/21/2016 4:00 PM
AA $26.88 Up +0.19 +0.71%
Alcoa CAPS Rating: ***
CSCO $30.15 Down -0.01 -0.03%
Cisco Systems CAPS Rating: ****
HLF $62.59 Down -0.01 -0.02%
Herbalife CAPS Rating: *
IBM $149.63 Down -1.89 -1.25%
IBM CAPS Rating: ****