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Stock index composites ended in the green across the majority of the stock tracking board yesterday. A fitting hue for the date. The Dow pushed higher by just over 161 points to end the session at 11,774.59. The Nasdaq ended the day higher by 19.23 at 2,636.05 and the S&P 500 finished the day by gaining 16.84 at 1,273.72. Yesterday’s gains were a needed reprieve after the market index composites in the United States experienced three straight days of losses. Stronger economic reports posted yesterday and this helped indices move into positive territory. Manufacturing data was positive as was the report on unemployment applications stemming from the Labor Department. Today, reporting will be minimal and the momentum created earlier in the week will help to support trending on the last trading session of this week. World news developments will help to push stock market trending this day as there are no major economic reports scheduled to post. Currently, stock futures indicate that the major index composites are positioned to open higher on the last trading day of the week in the United States. It appears that stock index trends will end the week with a positive slope after several days of significant sell-offs. Prior to opening bell today, the Nasdaq is green by .47 percent, the S&P 500 is green by .41 percent and the Dow Jones Industrial Average is higher by .50 percent. Author: Frank Matto
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