The DJIA is trending in the red as of the halfway point in the trading session
today and ebay inc stock is posting values in the red as well. Ebay stock is
moving below breakeven at mid-day as it feels the pressure that the majority of
the market place is being affected by right now. The Dow Jones posted a slight
rebound yesterday, but this positive action was short-lived. Prior to the
rebound last session, the DJIA had closed out on the negative side of break-even
for eight straight trading sessions and is back in the red today. Stock index
composites are being pressured negatively by the slew of economic reports that
have posted recently skewed towards the negative. Initial jobless claims posted
today and were generally flat. The ADP report yesterday revealed a drop in jobs
numbers in July over Junes numbers. The manufacturing report earlier this week
was weak and the GDP post last Friday was weaker than expected as well. The
pressure is hurting the market broadly, but individual companies are felling the
pressure as well. Ebay stock is in the red at the halfway point today. According
to MSN money, ebay inc. is trending in the red right now by 5.12 percent or
negative 1.65 at 30.60. Previous close for ebay was 32.25. Frank Matto
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