The DJIA was able to break from the pattern of negative close values last
session. The Dow Jones, along with the Nasdaq and S&P 500 initiated a rebound
during the latter half of the trading session yesterday. The change in trends
surprised many as they held through end of day close last session. The positive
close for the DJI was significant yesterday in that the index had to recover
after being lower on the day by over 165 points. It did however recover and
ended the session green by 30 points. Specifically, the Dow Jones Industrial
Average moved higher on the day and finished at 11,896. The finish above
break-even was also significant for the Dow Jones in that it ended a pattern of
negative finishes. Before last session close, the Dow Jones Industrial Average
had finished in the red for eight consecutive days. The Dow had not seen a
consecutive negative streak like this past one in decades. Had the streak
reached a ninth day, one would have to go back to the 1970s to find a similar
negative streak. Component stocks that make up the Dow have been feeling the
pressure as well considering the current market climate. McDonalds Corp is one
of those companies, but last session close was positive for the restaurant
chain. MCD moved higher by .56 percent on the day and according to MSN Money
stock quotes, ended the day green at 85.54. Frank Matto
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