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dow2664 The primary stock market indices in the U.S. ended in the red on the last trading session last week and investors on Wall Street are more worried about the struggling U.S. economy with each additional negative close. The Dow Jones closed out Friday lower by 4 percent at 10,817.65. The Nasdaq ended the session lower by 6.62 percent at 2,341.84 and the S&P 500 finished lower by 4.69 percent at 1,123.53. All three experienced a choppy and volatile week in the marketplace. Weaker than expected economic news continued to add up during the week and negative global economic news did little to help support any rebounds this week. Concerns are growing over the eurozone debt problems and Morgan Stanley issued a report stating that the American and European economies were “dangerously close” to recession. Market indices could not recover from the myriad of negatively skewed data that presented. Individual stock values experienced the pressure as well and dropped off into the red. USAA aggressive growth mutual fund was unable to fight off the negativity as it closed out on the negative side of breakeven on Friday. Value this day was red by 1.66 percent and closed at 29.03. Previous close for the mutual fund, USAUX, was 29.52. According to MSN stock quotes, the fund currently holds a negative one month change status by 15.44 percent. Frank Matto
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