Anxious investors came into today's Friday the 13th session wondering if the ailing stock market could break its six-day losing streak. But today, the markets got a little help from China, whose GDP rose 7.6% in the second quarter compared to the year-ago quarter. That still represents a slowdown, but analysts saw signs that the country could avoid the economic hard landing that many have increasingly feared. Meanwhile, consumer confidence fell somewhat less than expected in the U.S., and when you add all those things together, you end up with a big market rally. By just after 10:30 a.m. EDT, the Dow Jones Industrials
In Dow earnings news, JPMorgan Chase
On the other side of the coin, Hewlett-Packard
Finally, Procter & Gamble
Breaking the streak
This early in the day, you still can't be sure that the Dow's losing streak will end. The better move is to forget about daily ups and downs and focus on the big picture. Read about three of the best stocks in the Dow in our latest special report: "The 3 Dow Stocks Dividend Investors Need." The report is absolutely free, so just click here and get your copy today.
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. Motley Fool newsletter services have recommended buying shares of Procter & Gamble. 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.
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