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dow2664 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 week’s 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. Wednesday’s 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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