Nasdaq Proves Nothing Is Written in Stone

The Nasdaq (INDEX: ^IXIC) rose 13.94 points today to continue its winning run despite continuing worries about Europe. Recent gains in the index could indicate that U.S. investors are shrugging off European woes while focusing on a possible economic resurgence here at home. By the closing bell, Fossil (NAS: FOSL) had chipped away at the competition to earn today's top spot, while Infosys Technologies (NAS: INFY) claimed the bottom rung.


Source: Yahoo! Finance.

Reported job increases had given the market a boost in recent weeks. However, that positive news has been tempered recently by less-than-encouraging revelations that unemployment is creeping back up, and that the end of the year may not have been so good for retail after all. With all this volatility, you could be forgiven for a little seasickness, but don't bail just yet.

If you're on the hunt for more ideas in the year ahead, check out the new report we've compiled, "The Motley Fool's Top Stock for 2012." It details one company set for a bright future, but the report will be available only for a limited time. Just click here to access the report and find out the name of this legendary company.

At the time thisarticle was published graphics/photo/art editor Dari FitzGerald doesn't own shares ofany companies mentioned. 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.