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dow2664 The stock market continues along a volatile path. Investors on Wall Street have observed the DJIA hit significant lows this week, only to rebound and then drop lower once again. Confidence boosted higher yesterday after the Feds issued statement pertaining to interest rates. The Feds reported that interest rates would be kept very low through 2013 to help support the U.S. economy. Many were hoping for more to stimulate the economy from the Feds but nothing more was provided. Still, the U.S. market place felt a wave of confidence and this helped boost indices higher on the day. Today however, trends are traveling in negative territory. As the mid-day point in the trading session approached today, the three primary stock index composites in the U.S. are posting red. The Dow Jones is negative by 3.87 percent or 435.07 points at 10,804.70. European markets are in the red as well and fear is spilling over. The fear is supporting the loss of yesterday’s rally and individual corporations are feeling the heat. Google stock is currently lower by 2.91 percent at 556.74. Previous close for GOOG was 573.41 and so far this year, Google is down 6.29 percent according to MSN stock quotes. The trend line for the day is currently negative. Frank Matto
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