Why The Dow Is Up Yet Again

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It's been another good day so far for the Dow Jones Industrial Average, which is currently in positive territory for the second straight day. Sales of existing homes increased for the first time in three months, beating expectations. There was also some optimism coming from Europe before the EU meeting in Brussels tomorrow, which helped push stocks higher. Individually, JPMorgan Chase is the Dow's biggest gainer so far today, up over 5%. The stock continues to be extremely volatile following the company's disclosure of $2 billion in trading losses. Check out the video below for more Dow winners and losers on the day, as well as an update on Facebook and its rough day.

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At the time this article was published Brendan Byrnes owns no shares of any company mentioned above. The Motley Fool owns shares of Bank of America and JPMorgan Chase. The Motley Fool has adisclosure policy.
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