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dow2664 Just one day after absorbing one of the worst day’s in recent stock history, the DJIA is staging a rebound. Stock indices plummeted yesterday and the Dow Jones Industrial Average dropped lower by over 600 points. This was one of the worst sessions for the Dow in over three years and investors were reeling from the negative action. The plummeting trends were due, in part, to the recent credit downgrade put upon the U.S. government. This downgrade, paired with the already negative news relating to the eurozone debt crisis, applied significant negative pressure to the major market composites. Today, investors are hoping to receive indication the the Federal Reserve will move in and provide additional financial support to stimulate the U.S. economy. The optimistic anticipation is helping to prop up index composites this day. At the mid-day mark, the Dow Jones Industrial Average is posting values in the green. Specifically, the DJI is higher by 1.92 percent or 207.94 points at 11,017.79. Closing numbers today will be directly affected by the Fed statements to come this afternoon. Individual company stock is affected by the pressure as well. Walt Disney Company is still managing to be part of the minority contingent posting positive share values at this point. According to Yahoo finance stock quotes, Walt Disney Company share value is currently higher by 1.40 percent at 33.46. Earnings data will post from the company today. Frank Matto
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