The latest round of bank stress tests gave a boost of confidence to buyers in the prior session. On Wednesday, American Express ( AXP) and Bank of America ( BAC) lent some support to the blue-chip index. The Dow Jones Industrial Average closed up 16.4 points, or 0.12%, at 13,194, after finishing at its highest level since December 2007 on Tuesday. The S&P 500 lost 1.7 points, or 0.1%, at 1394. Financials wavered throughout the day, while utilities traded in the red, signaling mixed market sentiment. "Financials are important because if they continue to outperform
NEW YORK ( TheStreet) -- Stocks finished mixed Wednesday as the markets weighed positive results of bank stress tests against market highs achieved on Tuesday.
2012 Stock Predictions and Outlook
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