NEW YORK (
) -- All of the Dow components were in the green and moving on an upward slope at the close of the tape on Thursday.
The Dow increased a little more than 1% to 12,287.04, with the big banks --
Bank of America
-- leading the pack, while
was the top non-financial Dow gainer.
On Thursday, a Delaware court ruled that a letter that helped lead to former CEO Mark Hurd's demise at the technology company can become public. Hurd resigned in August 2010 after allegations of sexual harassment.
Hewlett-Packard's shares increased 1.67% to $25.62 on almost half of the stock's average daily trading volume. Hewlett-Packard is the third-worst performing Dow stock this year, in 28th place among the 30 components, and only ahead of
and Bank of America.
At least for a day, Bank of America led the Dow stocks, with an increase of 3.31% to $5.46 in trading on Thursday, on about half of the stock's average daily trading volume.
In a recent
think the bank's shares have a shot at reaching the $10 mark in 2012. Bank of America's shares decreased more than 60% in value year to date.
Bank of America was
JPMorgan shares increased 2.36% to $33.42 in trading Thursday on a little less than half of its average daily trading volume.
-- Written by Alexandra Zendrian
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