Why The Dow Is Jumping Today
The Dow is getting a nice boost today from Fed Chairman Ben Bernanke, as investors inferred further Fed stimulus was likely in the future (barring a sudden improvement in the economy). Just after 2 p.m. EDT, the Dow was up over 100 points, while the Nasdaq and S&P 500 are both solidly in the black as well. Individually, Intel is the Dow's biggest gainer so far today, rising over 2%. The company is trading at a historically cheap level and pays a solid 3.6% dividend. Check out the video below for more on what's driving the markets today, and which stocks are making news outside the Dow.
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The article Why The Dow Is Jumping Today originally appeared on Fool.com.Brendan Byrnes has no positions in the stocks mentioned above. The Motley Fool owns shares of Intel. Motley Fool newsletter services recommend Intel. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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