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dow2664 Stock market index composites dropped off just after open yesterday morning and then slowly gained to make up for those losses during the rest of the trading session. The Dow Jones Industrial Average moved higher by 66 points to finished green. The Nasdaq composites pushed higher by 18 points to close the session green and the S&P 500 finished in positive territory as well by moving 7 points higher on the day. Stocks began their primary surge yesterday around mid-day once commodities like oil price per barrel rebounded and the dollar advanced on the euro. Investors hope to close out the last trading session of the week by carrying the positive momentum from yesterday’s close through today’s market close. On the schedule for today, the University of Michigan will post data via its preliminary consumer sentiment survey. The data from this survey is expected to reveal the worries that consumers have regarding the price of gas and inflationary potentials, although the recent news regarding Bin Laden's death may help the reading stay steady. If the report skews negative, look for safe haven gold to build on the gains it built yesterday. The April consumer price index report will post as well via the Labor Department. All eyes will be on the stock market trends today in hopes of observing a strong close to the week. The Dow Jones Industrial Average will garner increased attention this day. Author: Frank Matto
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