The markets are doing everything they can to brush off potentially bad news and focusing on optimism today. The Dow Jones Industrial Average
Moody's could have soured the markets news by saying that it would likely downgrade U.S. debt if a deal isn't reached before we go off the "fiscal cliff." John Boehner responded by saying he wasn't confident at all that a deal would be reached. But investors yawned at the bickering coming from Washington, D.C., and focused on hopes that central banks would boost the economy. Eventually this may be a bigger story, but not today.
Bank of America
We can't talk about the market today without discussing the elephant in the room: Apple
The stock has had an up-and-down day, settling 0.7% lower as I am writing, but tomorrow is when the fireworks really fly. Keep up to date with our live coverage tomorrow and check out our premium report on the stock, including a special iPhone 5 report. Click here to find out more.
Fool contributor Travis Hoium manages an account that owns shares of Apple. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
The Motley Fool owns shares of Bank of America and Apple. Motley Fool newsletter services have recommended buying shares of Apple. Motley Fool newsletter services have recommended creating a bull call spread position in Apple. 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.