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dow2664 As the trading session approached close, the primary indices were back in the green again. The Dow Jones , Nasdaq and S&P 500 were moving in positive territory at this point. It was somewhat choppy today as trends went lower, then climbed higher only to trail off lower again as the day approached close. U.S. stocks finished stronger yesterday after economic reports were better than expected. Today, the Case-Shiller 20-city home price index posted a rise of 3.6 percent during the second quarter. This was a bit of positive news for the housing sector. Overall though, home prices are still negative over the course of the year. Additional bad news stemmed from the Conference Boards report today. Consumer confidence dropped in August as the index fell back to 44.5 which was down from the 59.2 reading that posted for July. This was the lowest level for consumer confidence since April of 2009. Investors flinched at this report and stocks struggled to close the day higher. Just prior to official close for today’s trading session in the U.S., the DJIA was still positive at .65 percent at 11,614.74. The Nasdaq was still green by 1.07 percent at 2,589.31. The S&P 500 was green by .83 percent at 1,220.04. The dollar gained strength this day and gold was moving higher again. Frank Matto
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