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Hey, Check Out the Dow’s Biggest Winners Today

Matt Thalman
December 7, 2012

Today, the Department of Labor announced that unemployment claims fell by 25,000, to 370,000, during the last week of November. Although the number came in lower then the 375,000 that analysts were expecting, the four-week average is still moving higher -- by 2,250 from the prior reading. While these numbers were so-so, most investors are awaiting the Labor Department's monthly jobs report for November, which will be released tomorrow.

Don't think about tomorrow, though; today, the Dow Jones Industrial Average (INDEX: ^DJI) managed to pull itself higher before the closing bell. The Index currently sits at 13,074, up 39.55 points, or 0.3% for the day. And of the 30 stocks which make up the Dow, only eight of them ended the day in the red. This afternoon, I explained why Bank of America (NYSE: BAC), Travelers Company (NYSE: TRV), and Caterpillar (NYSE: CAT) all moved lower; click here to find out why. Of the 22 stocks which moved higher or remained flat for the day, three of the best performers today were McDonald's (NYSE: MCD), Chevron (NYSE: CVX), and Intel (NASDAQ: INTC).

So why were they higher?
Yesterday, I indicated that shares of