The primary stock index composites pushed higher during the last trading
session in the U.S. Optimism was contagious as global indices, as well as the
stock indices in the U.S., found positive territory. European leaders are
striving to reach an agreement on an action plan to reduce the negative
ramifications relevant to default potentials in the eurozone. European stocks
finished their respective session strong last session and this positive action
spilled over into the U.S. marketplace. As the end of the trading session
finalized in the U.S., the primary index composites remained higher overall. The
Dow Jones Industrial Average closed the last session higher by .90 percent at
11,518.85. The Nasdaq closed out higher by .84 percent at 2,604.73. The S&P 500
finished the last trading session higher by .98 percent at 1,207.25. Stock
indices jumped higher during the initial half of the trading session but then
momentum decreased as the session approached close. The financial sector led the
way, but the rally was broad. October has been a relatively positive month
overall for stocks. The biggest Dow gainer year to date so far is International
Business Machines Company IBM. IBM is higher by 26.82 percent according to the
year to date status. Last session, IBM finished the day in the green by .61
percent to close the day at 186.12 according to MSN Money stock quotes. Frank
Matto
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