Last night, everyone was trying to figure out which of the Presidential candidates won the debate. Regardless of your opinion on that score, however, the stock market seemed to like the outcome. Although investors remain nervous about tomorrow’s jobs number, better-than-expected data on manufactured goods and positive comments from the European Central Bank that it believes it can offset economic weakness, helped buoy the market. The Dow Jones Industrials
Among Dow stocks, Alcoa
Financial stocks also performed extremely well, lending credence to the theory that Governor Romney’s performance last night was well-received by the electorate. Bank of America
Be a winner
A one-day event, like a Presidential debate, may have a short-term impact on your stocks but, regardless of politics, companies still have to execute on their business strategies in order to thrive. Bank of America obviously has a big stake in the election, but it’s making progress in directions that will support the bank, regardless of who wins in November. Find out more about the bank’s latest initiatives in the Fool’s premium report on Bank of America. With insight about the company’s future, you won’t want to wait. Click here and read it right now.
Fool contributor Dan Caplinger owns warrants on JPMorgan Chase. You can follow him on Twitter @DanCaplinger. The Motley Fool owns shares of Bank of America and JPMorgan Chase. 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.