For bearish investors, today brought the news that they had been dreading. Just as market pundits admonish investors not to fight the Fed, the European equivalent of that advice held very true, as the European Central Bank came out with a bond-buying proposal that helped bring bond yields in troubled Spain and Italy down sharply. Skeptics may argue that the program doesn't fundamentally change anything on the Continent, but that didn't hold back investors from bidding up share prices substantially. The Dow Jones Industrials
All 30 Dow stocks saw their prices rise, and even the worst Dow performers finished with decent gains. American Express
Finally, Johnson & Johnson
Don't bring me down
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Fool contributor Dan Caplinger doesn't own shares of the companies mentioned in this article. You can follow him on Twitter @DanCaplinger. The Motley Fool owns shares of Johnson & Johnson. Motley Fool newsletter services have recommended buying shares of and creating a diagonal call position on Johnson & Johnson, 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.