The primary stock indices in the U.S. finished on the positive side of
break-even last session. The Dow Jones Industrial Average was higher by 1.27
percent at 11,246.73. The Nasdaq was higher by 1.60 percent at 2,572.55. The S&P
500 was higher by 1.35 percent at 1,188.68. Investors on Wall Street received a
boost of confidence during the last session when news spread that European
leaders assured the public that Greece would gain more economic stability and
reach fiscal targets. The confidence and optimism that this news instilled
carried through the last session and into this day. Prior to opening bell this
morning, stock futures were pushing further into positive territory. Stocks were
set for the higher open in the United States. As the trading session continued,
the primary stock composites were posting green across the board. The Dow Jones
Industrial Average was higher by over 100 points at 11,360. The Nasdaq was
higher by over 18 points at 2,591 and the S&P 500 was higher by over 11 points
at 1,200. Good news in Europe regarding increased availability of U.S. dollars
is helping to push indices higher. The Consumer Price Index revealed that prices
rose in August and initial jobless claims came in higher than expected again.
Data is mixed right now. The dollar dropped to the euro, yen and British pound
and gold futures are falling lower as well. Frank Matto
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