Thursday, October 20, 2011

Todays DJIA Dow Jones INdex DJX; S&P 500 Index; Nasdaq Index; World Stock Market News Mid-Day Today

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dow2664 Stock futures positioned this morning for a stronger stock open in the U.S. Prior to opening bell today, the DJIA futures, as well as the Nasdaq and the S&P 500 futures, were trending on positive ground. This was a pleasant surprise for investors just one day after the primary index composites in the U.S. closed red across the board. Index composites have been pushed lower by the global market action this week and thus could be skewed toward the negative once again today. The primary indices in Asia closed red across the board. The Hang Seng closed lower by 1.78 percent. The Shanghai closed lower by 1.94 percent and the Nikkei closed lower by 1.03 percent. The primary indices across Europe are also currently moving below break even during their respective sessions. Turmoil continues to apply negative pressure in the eurozone. Protestors gathered in Greece today due to their disdain over new measures being voted on that will allow for rescue loans to be secured. One of the contingencies of this plan is that public workers will receive reduced pay and collective bargaining rights will be suspended. As most can imagine, many are unhappy with this measure. The protests are disabling for the area and as a result, business is stifled. Indices in Europe closed out in the red. As the day approached the halfway point in the U.S. trading session, the primary index composites were posting red across the board as well. The DJIA was red by .47 percent at 11,450.66. The Nasdaq was red by 1 percent at 2,577.92 and the S&P 500 was red by .38 percent at 1,205.23. Worries in Europe continue to drag stocks in the U.S. down. Frank Matto



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