The Dow Jones Industrial Average
In news that will undoubtedly shock every investor reading this, Europe was also partly responsible for the Dow's dip and the end of the day. Which country was the main culprit today? Step on up, Italy! Investors were concerned today over sharp rises in borrowing rates for Italy's 12-month bonds. But the real test will be tomorrow as the country issues longer-term debt.
Here's how three major U.S. indices fared on the day:
|Dow Jones Industrial Average||-77.42 [-0.62%]||12,496.38|
|S&P 500||-9.30 [-0.70%]||1,314.88|
The Dow's biggest gainer today turned out to be Johnson & Johnson
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Brendan Byrnes owns no shares of any company mentioned above. The Motley Fool owns shares of JP Morgan Chase and Johnson & Johnson. Motley Fool newsletter services have recommended buying shares of Johnson & Johnson, creating a write covered strangle position in American Express, and creating a diagonal call position in Johnson & Johnson. The Motley Fool has a disclosure policy. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.