Yesterday, the stock market lost its mind, rising amid huge amounts of bad news. As fellow Fool Andrew Tonner pointed out, investors were perversely hoping that the news would get bad enough to lure the Federal Reserve and other central banks into providing more help for the increasingly troubled European economy. That attitude circled the globe today, with major European markets higher today after an announcement that European central banks are ready to provide liquidity following the Greek elections this weekend. In the U.S., the Dow Jones
But financial stocks didn't hold up as well, as both Bank of America
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Fool contributor Dan Caplinger doesn't own shares of the companies mentioned. You can follow him on Twitter @DanCaplinger. The Motley Fool owns shares of JPMorgan Chase, Microsoft, Facebook, and Bank of America. Motley Fool newsletter services have recommended buying shares of and creating a bull call spread position in Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool has a disclosure policy.