The Dow Jones Industrial Average
|Dow Jones Industrial Average||+96.88 [0.78%]||12,578.95|
What caused stocks to climb?
1. We saw above-expectations earnings from Goldman Sachs
2. The IMF announced today that it wants to raise billions of dollars, nearly $500 billion, to better counter the European debt crisis.
The best approach
Watching the broad market each day is exciting, gut-wrenching, and stressful. If you're in the mood to pick up a great company to buy for the long term, The Motley Fool has created a brand-new free report: "The Motley Fool's Top Stock for 2012." It features a company hand-selected by the Fool's chief investment officer that has a strong future ahead of it. I invite you to take a copy, free for a limited time. Get access to the report and find out the name of this legendary company. The report is free, but won't be forever, so check it out today.
Fool contributor Dan Dzombak owns shares of Bank of America, but he holds no other position in any company mentioned. Check out his holdings and a short bio. The Motley Fool owns shares of Bank of America and JPMorgan Chase. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.