After weeks of negative close values for the primary stock composites in the
U.S., the last session closed in the green for the DJIA, Nasdaq and S&P 500.
Stocks moved higher last session and investors felt more confident as the
trading session progressed. As global market news came in more positive than
expected, stock futures in the U.S. were positioned for the positive open.
Trends moved consistently in the green yesterday as overseas stocks in the Asian
and European markets finished stronger than most anticipated. This gave
investors a boost of confidence, and then additional positive buzz was provided
via the 12.5 billion Google acquisition of Motorola. The DJIA finished the day
higher by 1.90 percent or 213.88 points to close out the day at 11,482.90. Many
are referring to the day as Merger Monday and giving credit to the positive
deals that transpired as the catalyst which helped push stock value and fund
values into the green. According to MSN Money Stock Quotes, USAA Capital Growth
Fund closed out higher on the day by 2.77 percent to finish at 6.31. Previous
close for the fund was 6.14. The positive close numbers equaled good news for
the fund as the one month change status and one year change status for the fund
are still posting negative. Frank Matto
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