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dow2664 Stock futures were green prior to opening bell for the last session and just after opening bell, the Dow Jones Industrial Average climbed higher by approximately 200 points. The positive stock surge helped push the primary U.S. stock indices higher and ultimately close out the day in a positive fashion. Investors were feeling more optimistic about the state of the global economy after hearing news that European leaders were making progress towards towards solving the long-standing sovereign debt problems. The added signs of stability in the eurozone sector helped provide a lift for European stocks and this positive action spilled overseas to affect the U.S. marketplace last session. Greece has been a focal point in the eurozone, warranted or not, and will continue to receive attention as the debt crisis resolution process plays out. If headlines go downhill this week in Europe, the primary stock index trends will quickly follow. It is still a volatile situation to say the least and one that could skew more positive or negative easily. Economic posts in the U.S. were flat-line at best last session. The consumer confidence index posted at 45.4. Economists were expecting a reading a bit higher at 46.6 for September. Home prices rose slightly in July over June but are still lower than home values from 12 months ago. The housing sector continues to struggle. Ultimately however, the positive action stemming from the European debt resolution talks was enough to keep stock indicators green in the U.S. The Dow Jones Industrial Average closed out higher 1.33 percent at 11,190.69. The Nasdaq closed out higher by 1.20 percent at 2,546.83 and the S&P 500 finished green by 1.07 percent at 1,175.38. The positive close for the stock indices in the U.S. last session marked the third straight day that the indices ended on a higher note. Frank Matto
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