The Dow Jones Industrial Average
Source: Google Finance.
Today's Top 3
1. Today's leader was Alcoa
Source: Index Mundi.
Alcoa's stock has so far made a strong comeback in 2012, rising a stunning 20.35%. The positive performance got even better today, as a bailout package for Greece was finally agreed upon. Investors had been worried that if conditions in Greece and the rest of Europe continued to worsen, the U.S. would also experience a slowdown. With its cyclical results highly dependent on GDP growth, Alcoa would be significantly hurt, as 20% of its business is in Europe and more than 50% is in the United States. Fears of a slowdown were lessened today, as were fears over Alcoa's business.
2. Chevron
3. Kraft
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