Fear has had a death grip over the market for some time now, but today it's briefly loosening up as investors are encouraged progress can be made during the Fed's two-day meeting concerning monetary policy. An announcement will be made tomorrow afternoon by Fed Chairman Ben Bernanke regarding the possibility of further stimulus measures. Positive news is also coming from Spain: 10-year notes retreated below 7% as the country met its target during today's debt auction. The increased positive sentiment boosted July oil futures, with West Texas Intermediate crude pushing $84 per barrel.
Dow Jones Industrials
Source: Yahoo! Finance.
After announcing its new hardware addition, Microsoft
Bank of America
On days like today, investing seems tranquil, as every industry is performing nicely. The fear index is down 3.66%, and good news could be coming out of the Fed tomorrow afternoon, if not sooner. However, now is as important as ever to find outstanding companies that can outperform in the long run as well as supply healthy dividends in the volatile near future. For this reason The Motley Fool has released a new free report detailing three Dow stocks dividend investors need. This report is free, but it will only be offered for a limited time, so get your copy now.
Joel South owns shares of no company listed above. The Motley Fool owns shares of Microsoft, Bank of America, and Apple. Motley Fool newsletter services have recommended buying shares of Microsoft and Apple. Motley Fool newsletter services have also recommended creating bull call spread positions in Microsoft and Apple. The Motley Fool has a disclosure policy.
We Fools may not 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.