Topic: Palisade Capital Management LLC
Bank of America stocks soared Monday, leading a rally in big-bank stocks on an otherwise quiet day on Wall Street. Stock indexes ended little changed following a record-setting run last week.
Stocks rose on Wall Street for a second day Wednesday. The stock market surged on good news from retailers and the US housing market. The Dow came within 100 points of its all-time high.
Rising stocks narrowly outnumbered falling ones on the New York Stock Exchange Friday. Investors remain cautious as 'fiscal cliff' budget negotiations continue in Washington.
The stock market ended mostly higher Tuesday after a surprisingly strong housing report. Better results from Mattel, Goldman Sachs, and Johnson & Johnson also shot the stock market higher.