Stocks rallied on Thursday. Alcoa, American Express, and Bank of America led the way up. Brands prospered amid a deluge of economic news. Comments from the Federal Reserve’s two-day meeting bolstered trading action.
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Indices closed in the green zone on Wednesday. General Electric, Verizon Communications and Travelers stood out among Dow advancers. Stocks gained after Germany’s top court gave the nod to the euro zone’s new rescue fund.
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Trading concluded in green territory on Tuesday. Alcoa, Bank of America and Hewlett-Packard led the Dow’s upswing. Brands made gains amid speculation that the Federal Reserve will offer up further economic stimulus at the upcoming two-day policy meeting.
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Monday’s session ended in the red zone. 3M, Boeing, Cisco, and Intel led the Dow’s descent. Brands took a breather amid a variety of economic data, such as weaker-than-expected import and export levels in China as well as renewed Greek debt concerns.
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Friday’s session closed in positive territory. Alcoa, Bank of America, and Caterpillar led the way up. When all was said and done, however, trading moves were somewhat flat in the wake of less-than-stellar employment numbers and a profit warning from Intel.
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