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dow2664 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 1970′s 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. McDonald’s 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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