Finally! Why the Dow Is Bouncing Back Today

Before you go, we thought you'd like these...
Before you go close icon

The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Brendan Byrnes and consumer goods editor/analyst Austin Smith discuss topics across the investing world.

In today's edition, Brendan talks about how, after six straight days of declines, the Dow is finally on the rise again. Optimism from Greece as the country tries to find a way to stay in the eurozone helped boost stocks, as well as a positive jobs report, which showed that fewer Americans applied for jobless benefits last week. Cisco is the big story of the day, dropping over 9% after its weak forecast disappointed investors. In the red for most of the day, fellow tech blue chip Microsoft is now flat on the day, while Intel has rebounded and is now solidly in positive territory. Check out the video below for more insight on the Dow's up-and-down day.

While it's important to pay close attention to the market, it's also important not to get too worked up about what happens in the short term. The most successful stock picks are usually great businesses that can grow and continue to succeed over many years. We've uncovered one such pick with so much promise that we've dubbed it "The Motley Fool's Top Stock for 2012." This special free report highlights a company that is revolutionizing commerce in Latin America, and you can get instant access to the name of this company by clicking here to download it now.

At the time this article was published Austin Smith owns shares of Intel. Brendan Byrnes has no positions in the stocks mentioned above. The Motley Fool owns shares of Intel and Microsoft.Motley Fool newsletter services recommendChevron, Intel, and Microsoft. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners