In a week that could prove momentous for the stock market, initially uncertain investors have thrown caution to the wind and placed their bets on good news. Even ominous comments from ratings agency Moody's about the potential impact of the fiscal cliff on its debt rating for U.S. Treasuries weren't enough to dampen spirits. With key news events expected soon, including the Fed's decision on whether to implement a third round of quantitative easing and a German court decision on the validity of the European Stability Mechanism, stocks have been incredibly resilient as investors wait to see which way policymakers will take the economy. At around 10:45 a.m. EDT, the Dow Jones Industrials
The biggest gainer in the Dow was Alcoa
Rise on up
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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 Microsoft. Motley Fool newsletter services have recommended buying shares of Microsoft and creating a synthetic covered call position in Microsoft. 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.