Stocks such as JPMorgan Chase and Bank of America traded lower Thursday, but brands rebounded well off earlier low levels. When all was said and done, indices ended flat on news of jobless claims, new-home sales and consumer confidence.
Stocks climbed today on Wall Street. Brands such as Bank of America, Disney, UnitedHealth, and JPMorgan Chase posted gains on the Dow. Trading moved higher amid more “fiscal cliff” news. Although they have yet to agree on an ultimate solution, House Speaker John Boehner said he expects to keep working on a budget plan with President Barack Obama.
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