The Dow Jones Industrial Average
As expected, Germany's supreme court said the nation could participate in the European Stability Mechanism, the eurozone's new bailout fund. The decision made Germany the last country to approve the emergency funding and paved the way for the EU's biggest economy to contribute $245 billion to the $640 billion fund. The court did set restrictions on the funding including that it couldn't increase without parliamentary approval.
The major news event of the day, and probably the biggest one in the tech world this year, was of course the unveiling of Apple's
The new iPhone helped make Verizon
On the flip side of the coin, chemical and seed-producer DuPont
Facebook also posted its best day in its four-month history, gaining 7.7% after CEO Mark Zuckerberg made comments yesterday recognizing that his company had made mistakes but reassured investors by telling them the company is focusing on new products in search and advertising that should bring greater profits.
Looking ahead to tomorrow, the Fed's all-important announcement should guide the market for the day. Chairman Ben Bernanke is scheduled to speak at 12:30 p.m. ET.
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