Over the past week, investors have experienced a huge amount of anxiety over the state of the European economy. With bond rates in Spain and Italy soaring, many feared that the next dominos in the long sovereign-debt saga might be about to fall. But today, the head of the European Central Bank reassured investors that it was committed to prevent that from happening, saying that "the ECB is ready to do whatever it takes to preserve the euro" as long as it's within its mandate to act. The stock market liked that sentiment, sending the Dow Jones Industrials
All 30 stocks rose, with several stocks gaining between 2% and 3% on the day. Merck
Euro gonna love it
Even though stocks are higher today, you still need to make sure you have the best stocks in your portfolio to weather whatever storms may come. To get some promising names that fit the bill, take a look at The Motley Fool's latest special report, where you'll find three stocks that combine growth and strong dividends in a single package.
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 Disney and Netflix and has created a bear call spread position on American Express. Motley Fool newsletter services have recommended buying shares of Walt Disney and Netflix, as well as writing a covered strangle position on American Express. 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.
More from The Motley Fool
Why 2017 Was a Year to Remember for The Walt Disney Company
In the future, Disney investors will look back on 2017 as a year of game-changing importance.
Dueling Analysts Debate Netflix, Inc.'s Fourth Quarter
Both the bull and the bear might be mostly right -- they just disagree on what matters most.
Don't Buy the Hype. Star Wars: The Last Jedi Isn't an Epic Fail
There has been a lot of controversy in the media about the success or failure of the latest installment in the Star Wars saga. Let's look at the numbers.