The stock market roller coaster rolls on today. The DJIA, Nasdaq and S&P 500
are all posting values in the green as session close approaches. The stock
market tends today started off choppy as futures moved from red to green to red
again based on continued volatility in overseas eurozone markets. Stocks in
Europe ended their respective trading session higher though. Britains FTSE moved
higher 3.1 percent and Frances CAC posted close values in the green by 2.2
percent for the day. This positive action is helping to boost up stock market
indices in the United States. Economic news posting today is helping to boost
investor confidence as well. Weekly jobless claims dropped lower last week to
395,000 according to the Labor Department stats that posted today. The data
revealed a 7,000 drop from the previous weeks numbers which was a pleasant
surprise as it was better than what most economists were predicting. The dollar
was dropping lower today to the euro, British pound and the Japanese yen. Oil
price per barrel was on the rise and gold futures were dropping. Just prior to
closing bell for the day, all three primary index composites in the U.S. were
posting green. The Dow Jones was green by 3.64 percent at 11,110. The Nasdaq was
higher by 4.15 percent at 2,480 and the S&P 500 was higher by 4.10 percent at
1,167. The Labor market data paired with positive earnings data helped to raise
index composites this day. Frank Matto
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