The market climbed steadily through trading today, with all three indices closing well into the green. The strongest index today was the Nasdaq
Here is a look at how the broad markets fared.
Gain / Loss
Gain / Loss %
Dow Jones Industrial Average
Apple wasn't the only company that wanted to push an index higher, though. DuPont
- DuPont rallied for a 2.4% gain today. The company announced a 10% decline in fourth-quarter sales volumes and mentioned that demand may not turn around until the second quarter. Even so, the company has had quite a rally in the beginning of 2012 and has posted a 10.5% gain already year to date.
- Caterpillar was the strongest Dow component today, with a 2.6% win. The company is trading up ahead of its fourth-quarter earnings tomorrow morning. Analysts expect earnings of $1.73 per share on sales of $16.05 billion, a performance that outpaces last year's fourth-quarter earnings of $1.47. Caterpillar has beat three of the past four quarters, so if history is any indication, tomorrow could be a big day. Despite a weak 2011, Brendan Byrnes thinks 2012 could be a great year for the equipment maker.
- Alcoa was the first Dow component to report earnings this year and opened the festivities with a fizzle. The company quickly reversed course, though, and is already up 21% this year. Today's 2% pop is a nice addition to the recent streak. Today the company announced that it plans to expand aluminum lithium capacity because of aerospace demand. Look for good things out of this company in 2012.
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Austin Smith owns no shares of the companies mentioned here. The Motley Fool owns shares of Apple. Motley Fool newsletter services have recommended buying shares of and creating a bull call spread position in Apple. 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.