Sunday, October 23, 2011

DJIA Dow Jones Industrial Average Index DJX DJI Stock Market News Today Nasdaq Index S&P 500 Index Investing USA Economy News

Stocks gained strength and primary stock index trends in the U.S. moved
favorably during the last trading session in the USA. The Dow Jones Industrial
Average, as well as the Nasdaq index and the S&P 500 index closed out the last
session in better position. Official numbers were green across the board. The
DJIA closed out green by 2.31 percent, higher by 267.01 points, to close out at
11,808.79. The Nasdaq was green by 1.49 percent, or higher by 38.48 points, to
close out at 2,637.46. The S&P 500 finished green by 1.88 percent, or higher by
22.86 points, at 1,238.25. Investors were spooked for a lengthy period as index
trends moved negatively. Starting in July, the stock market took a major
downturn and the low trends went static for months. A nice rally was observed on
Friday and stocks in the U.S. pushed back to highs not seen in several months.
Investor optimism increased during the latter half of the last trading week as
talks pertaining to the debt resolution process in the eurozone were perceived
as progressive. European leaders have stated that a plan to attack the debt
crisis and attain financial stability for the region will be made public very
soon. The gains pushed the primary indices in the U.S. closer to a positive
monthly closeout. Overall for the last week, the Dow Jones average moved higher
by about 1 percent. The Nasdaq dropped lower by just 1 percent and the S&P 500
moved higher for the week by approximately 1 percent. Frank Matto

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