Thursday, August 4, 2011

GE MSn Money Quotes DJIA stock Market Finance News Open Review August 4th 2011

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dow2664 The DJIA finally was able to avoid another consecutive trading session close on the negative side of break-even. The major indices in the U.S. have been pressured over the past week and last session’s positive close was a bit of a surprise. The rebound happened during the latter half of the trading session and ended with the Dow, Nasdaq and S&P 500 posting green across the primary stock index tracking boards. Specifically, the Dow Jones Industrial Average closed out the last session higher by .25 percent or 29.82 and finished the day at 11,896.44. At one point, the Dow Jones Industrial Average had been down by more than 165 points, but was able to make a turnaround and climb the ladder. Had the Dow Jones not finished in the green, it would have equaled the worst losing streak for the composite in decades. As it stands, the negative string of days for the DJI ends at eight. The index finished strong for the day but component stocks continue to feel the pressure. General Electric stock was able to finish off the day in the green though. GE finished higher on the day by 1.51 percent or +.26 and closed out at 17.47 according to MSN Money. Frank Matto



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