Tuesday, October 4, 2011

DJIA Todays Dow Jones Industrial Average Index DJX DJI, Nasdaq S&P 500 Stock Market Investing News

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dow2664 The primary stock composites in the U.S. spent time on either side of breakeven during the last trading session as investors tried to process the mixed reports. Economic news posting in the U.S. was better than expected while anxiety over the financial crisis ongoing in Greece continued to weigh heavily on the minds of many. The Commerce Department reported that construction spending notched higher by almost three times that which was expected. According to the department’s report, construction spending in August bumped up by 1.4 percent just one month after slipping lower by 1.3 percent. This helped skew investor confidence positively. The pessimism of the day revolved around the debt default potentials regarding Greece. Greece continues attempts to work out a resolution plan to avoid debt default, but most economists believe that default in Greece is an inevitability. As the trading session reached the closing marks on the day, the primary index composites were ultimately pushed into the red to close. The Dow Jones Industrial Average closed out the session lower by 2.38 percent at 10,653.64. The Nasdaq finished lower by 3.29 percent at 2,335.83. The s&P 500 finished the day lower by 2.85 percent at 1,099.23. Frank Matto



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