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dow2664 The primary stock indices began to climb higher during the latter half of the trading session yesterday and then positioned green prior to opening bell this morning. Stock indices continued the rebound during today’s trading session. The Dow Jones Average, Nasdaq and S&P 500 were green at the mid-day mark and look to close on the positive side of break-even as the session finalizes. Global markets performed better today as the primary indicators in the Asian and European marketplaces were stronger. This sent a positive wave into the American marketplace and helped support index trends today. Economic reports recently have been mixed however and so investors accept the positive trends today but are still cautious about tomorrow. The Federal Reserve Beige Book report reported the the economy here continues to move forward at a “modest pace”. As close was finalizing today, the Dow Jones Industrial Average was green by 2.22 percent or 246 points at 11,386.25. The Nasdaq was higher by 2.75 percent or about 68 points at 2,542 and the S&P 500 was green by 2.44 percent or about 29 points at 1,194. It appears safe to say that the indices in the U.S. will break out of the recent negative groove that they have been stuck in for several days. Frank Matto
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