In a nutshell, you can sum up today's market action like this: China tried to throw a party, but Ben Bernanke ended up spoiling the mood. With China cutting interest rates overnight, investors hoped that the Federal Reserve might signal that it would follow suit with further easing of monetary policy of its own. But instead, the Fed not only failed to give hints that it would ease but also suggested stricter capital requirements for banks, and so after having gained almost 140 points early in the session, the Dow Jones Industrial Average
Despite the Dow's overall gains, several stocks within the Dow didn't do well. The big loser on the day was Bank of America
Don't be down
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