Tuesday’s trading session ended in red territory. AT&T, Verizon, Bank of America, and Boeing led the Dow’s decline. Investors proceeded with caution ahead of the release of quarterly details from Alcoa, which marks the unofficial start of earnings season.
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Indices ended Wednesday’s session in green territory. Hewlett-Packard, Caterpillar, and Bank of America led the Dow’s upswing. Stocks gained on the first trading day of the year, after the House of Representatives managed to pass the Senate’s 11th-hour agreement aimed at averting the “fiscal cliff.”