The Dow Jones Industrial Average
Cooler heads appear to be prevailing today after a seemingly endless barrage of bad news yesterday. U.S. jobless claims from two weeks ago were revised lower, Philadelphia-area manufacturing declined faster than expected, and data from Europe and China's manufacturing sector was universally disappointing. All of these reports sent stocks spiraling downward yesterday, but today is a new day and the three major indexes are all in the black despite a down day for stocks in Europe.
Investors overwhelmingly shrugged off Moody's after-hours downgrade yesterday of 15 of the world's largest banks. The action was widely expected and already priced into many of the bank stocks. In fact, both Bank of America
Outside the Dow, Facebook
With the uncertainty surrounding Europe and the global economy, many investors may be tempted to take their money and run far from the market. But that can be one of the biggest mistakes for those trying to build wealth. Some of the most successful stock picks are great dividend stocks purchased at attractive valuations during dips in the market. With that in mind, we've taken an in-depth look at all 30 Dow components and picked out our three favorite Dow dividend stocks that investors can buy right now. You can find the names and analysis of these companies in our brand-new free report: "The 3 Dow Stocks Dividend Investors Need." Simply click here to read the report now -- it's absolutely free.
Brendan Byrnes owns no shares of any company mentioned above. The Motley Fool owns shares of Facebook, Bank of America, and JPMorgan Chase. Motley Fool newsletter services have recommended buying shares of Moody's. 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.