The stock market in the U.S. has experienced volatility now for months and
investors were hoping that the end of the last quarter might open the doors to
more positive trend-line movement. This did not happen however as the primary
stock index composites closed in the red across the board during the last
trading session. The Dow Jones closed out the last trading session lower by 2.38
percent or negative 259.74 points at 10,653.64. The Dow Jones Industrial Average
opened the last trading session at 10,913.38 but then dropped off steadily
throughout the session. The five day change for the major U.S. stock index
composite is negative by 3.52 percent and the one year change status for the
index is also negative by 1.63 percent. Investors on Wall Street continue to
feel the negative weight that is stemming from the potential for debt default in
the eurozone. A majority of the Dow Jones Industrial components closed out the
last trading session in the red. General Electric was a loser during the last
session. According to MSN stock quotes, GE finished off the last session lower
by 3.48 percent or negative .53 at 14.69. After hours action for GE continued to
skew negatively. Previous close for GE was 15.22. Although GE closed out red
last session, earnings for the year are positive by almost 20 percent. Frank
Matto
No comments:
Post a Comment