Friday, October 7, 2011

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

U.S. economy on the rise? Stock futures indicated the lower open this morning
for stocks in the U.S. Investors on Wall Street were eagerly anticipating the
U.S. jobs report at this point. So far this week, positive momentum has been
building and the primary index composites in the U.S. closed out a majority of
this weeks sessions in the green. Additional positive momentum built in the
marketplace when the unemployment claims data posted better-than-expected
yesterday. As the trading session approached the halfway point in todays
session, the primary U.S. index composites were mixed. The DJIA was green at
mid-day but the Nasdaq and the S&P 500 were posting below break-even. Investors
were uplifted to hear that the U.S. economy added 103,000 jobs in September, but
investors continued to worry about the debt crisis in Europe and this worry
tempered optimism. The national unemployment rate was held in check and remained
at 9.1 percent. Primary Asian market indices finished their respective sessions
higher and European stocks were gaining as well. Halfway through the U.S.
session, the Dow Jones Industrial Average was higher by just over 51 points at
11,175.02. The Nasdaq was red by 15 points at 2,491.82. The S&P 500 was just red
at 1,163.93. Frank Matto

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