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It's the biggest one-day gain since December - and more than makes up for yesterday's sizable loss. Today seemed like one of those sessions where investors ignored the bad stuff (lousy earnings at Goldman Sachs and Bank of America) in favor of the good (solid tech results and hopeful news from Washington about a debt deal). Overall, though, it's a confused market.
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.