It has been an up and down week for stocks and the primary stock indices in the
United States. Yesterday, after futures swung back and forth prior to opening
bell, trends stabilized and moved with general consistency towards higher
ground. The Labor department reported better then expected news when it posted
the data for weekly jobless claims. The claims dropped lower from the previous
weeks numbers by 7,000. This news was well received and helped the pendulum
swing into the green once again this week. Stock trends have been choppy, to say
the least, this week. All three indices opened the week lower, the Dow losing
over 600 points opening day this week. A rebound hit Tuesday and then losses
across the board Wednesday. Wednesdays correction then led to more consistent
gains on Thursday. Now, this morning, futures are positioned for a flat open.
Fears are still brewing on Wall Street and investors are worried that a double
dip might be in store. The volatile trends are affecting individual stock shares
as well. Pre-market trading reveals that EBAY stock is posting lower according
to MSN money analysis. EBAY Inc stock is currently posting lower by .63 percent
at 30.01. Previous close for Ebay was 30.20. Frank Matto
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