The major market stock indices were moving in positive territory as the trading
session came to a close this afternoon. Stock futures were positioned higher
this morning and the positive action for stocks continued through the remainder
of the trading session today. Positive action stemmed from the global market
place as Asian and European stocks moved higher and finished their respective
session strong. The positive sentiment spilled over into the U.S. marketplace
and helped to push U.S. indices higher on the day. The DJIA, along with the
Nasdaq and the S&P 500 finished green today. The DJI was higher by over 200
points as close finalized. In addition to the stronger than expected global
news, the merger news posting today helped to push stock trends higher. The news
that Google would purchase Motorola for 12.5 billion helped add some positive
juice to the marketplace today as well. The dollar weakened to the Euro and
other major currencies today and this helped make gold cheaper to buy. Gold
contract for December delivery was moving in positive territory today. As the
trading session approached close, gold contract was higher by .88 percent at
1758 per troy ounce. Gold mining stocks were on the rebound as well. According
to Google finance quotes, Goldcorp was trading higher by 2.36 percent at 51.13
as close was finalizing. It was a positive day for stock indices, gold contract
and gold mining stock this day. Camillo Zucari
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