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 todays 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. Wednesdays 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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