Investors are beginning to show more faith in the marketplace and are sticking
with stocks longer. Sell offs are diminishing as investors are acting more
steadfast with their positions. The last trading session was a positive one for
Wall Street investors. Although trends were choppy throughout the last trading
session, the primary indices ended the session green across the majority of the
tracking board. The Dow Jones Industrial, as well as the Nasdaq and S&P 500
found positive territory. Specifically, the Dow Jones Industrial Average closed
out the last session higher by .40 percent at 11,105.85. The day was a good one
for many, but for some Fortune 500 companies, stock values dropped lower. Best
Buy was one such company. Recent earnings data for Best Buy fell below
expectations and as a result, share values dropped lower on the day. According
to MSN Money, BBY shares closed out in the red by 6.45 percent to close out the
day at 23.35. This was a significant drop and the majority of blame is placed on
the weaker than expected earnings data. Previous close for BBY was 24.96
according to MSN Money. Frank Matto
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