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Index stock composites ended the last trading session in the United States in positive territory across the board. The Dow Jones ended in the green at 12,288.17, up by 61.53 points. The Nasdaq was green by 21.21 points at 2,825.56. The S&P 500 was higher by 8.31 points and finished the trading session yesterday at 1,336.32. Stocks were driven higher yesterday and finished at two year highs. Positive earnings reports helped drive index composites higher. Positive momentum should carry over into today’s trading. The Labor Department will issue its consumer price index report today and the Federal Reserve Bank of Philadelphia will post a manufacturing report this day as well. The government will issue its weekly report on initial claims for jobless benefits this day as well. Earnings reports will stem from companies such as Nordstrom, Intuit and Apache among others. Nothing major at this point is in the forecast to post on Friday. The days prior will build momentum, positive or negative, to ride out the last trading day of the week. Wednesday’s gains in the market should help keep the weekly gains green. Currently, prior to opening bell for the U.S. trading session, stock futures reveal mixed data. The Nasdaq and S&P 500 are posting red values prior to opening bell this morning. The Nasdaq is lower by .13 percent and the S&P 500 is lower by .11 percent. The Dow Jones Industrial Average is posting green by .07 percent prior to opening bell this day. Author: Frank Matto
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