dow2664
The major index composites ended Wednesday's session in the red. This morning prior to opening bell, stock futures were posting in the green. Stocks appeared to be positioned for gains. U.S. stock futures revealed that the Dow was positive by .50 percent, the Nasdaq was positive by .67 percent and the S&P 500 was positive by .53 percent. At the halfway point of today's trading session. The major index composites were mixed. The Dow Jones was negative by .03 percent at 12,260.09. Stocks struggled to hold gains after two days of negative close values. The index composites moved higher earlier today but then fell off a bit after negative news posted regarding mortgage related losses. In other news, data posted today regarding retail sales in March. Retail sales rose .4 percent last month. This number was less than what economists had been expecting for March. Business inventories posted a .5 percent increase for February, but this report was also a bit below economist's expectations. By end of day close, the major indices had recovered and were posting green across the majority of the stock market tracking boards. The Dow Jones Industrials finished the day off green by .06 percent at 12,270.99. The Nasdaq finished higher by .61 percent at 2,761.52 and the S&P 500 finished the day higher by .02 percent at 1,314.41. Author: Frank Matto
No comments:
Post a Comment