Stocks finished the last trading session stronger. The DJIA finished the
session higher by over 130 points as the three primary index composites in the
U.S. closed out green. Investors helped stocks rebound during the latter half of
the last session as optimism over European leadership and debt resolution talks
progressed. This morning, prior to opening bell for the day, futures were well
positioned. Stock futures for the Dow, Nasdaq, and S&P 500 were posting green
across the board. The primary world markets were posting higher across the board
at this point as well. Stock indices in Asia and Europe were moving in positive
territory at this point. In addition to the positive momentum that built last
session pertaining to the debt resolution talks, some economic data in the U.S.
posted better than expected. The ADP report revealed that private sector
employers added 91,000 jobs in September which was far better than expected. In
juxtaposition with this positive news, the consulting report from Challenger,
Gray and Christmas revealed that the number of announced layoffs increased in
September by more than double. As todays trading session reached the half-way
point, the primary index composites were still posting green. If the positive
push continues, it will equal three straight. The jobless claims report posted
today and fewer Americans made unemployment claims than were expected. This
action helped indices notch gains. At mid-day, the Dow Jones Industrial Average
was green by 76.63 points at 11,016.58. The Nasdaq was higher by 30.49 at 2,490
and the S&P 500 was higher by 12.76 at 1,157. Frank Matto
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