Investors seem to be sitting on the edge of their seats, anxiously awaiting the release of the Fed's minutes. This afternoon, the Federal Reserve will release minutes of the most recent Open Market Committee meeting. And why would investors care? These minutes could be indicate whether the Fed will announce a third round of quantitative easing, a move that would boost investors' confidence. As of 1:15 p.m. EDT, the Dow Jones Industrial Average
While the Fed minutes seem to be taking center stage, several other storylines are helping guide markets today. We are just entering earnings season, with almost all components still set to release their second-quarter earnings over the next month or so. So far, Alcoa announced it had beat projections on Monday, only to plunge 4% yesterday. JPMorgan Chase reports on Friday, and expectations are low following the bank's rocky quarter. These announcements will demonstrate how economic turmoil in Europe and slowing growth in Asia are affecting American companies, so be sure to stay tuned.
Dow in focus
With oil prices rising 2.78%, it is no surprise that ExxonMobil
The Dow's twin banks also surged, with Bank of America
Leading the Dow's losers, DuPont
With more news moving Dow components every day, it is important for investors to take a long-term perspective. The Motley Fool has analyzed all companies in the blue chip index and found three that stand out from their peers. To learn more, be sure to read The Motley Fool's latest special report: "The 3 Dow Stocks Dividend Investors Need." It's free, so claim your copy today.Fool contributor Charlie Kannel owns no shares of the companies mentioned above. The Motley Fool owns shares of Bank of America, ExxonMobil, and JPMorgan Chase. Motley Fool newsletter services have recommended buying shares of Chevron and creating a modified stock repair against synthetic long position in Monsanto. 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.
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