The primary index composites finished the last trading session in the red. The
Dow Jones Index DJIA closed out negative by .18 percent or negative 20.21 at
11,103.12 The Nasdaq index closed out the last trading session negative by 1.10
percent at 2,479.35. The S&P 500 index finished off red by .82 percent or
negative 9.51 points to close out at 1,155.46. Although the last trading session
saw the primary U.S. index composites fall back below break-even, stocks gained
on the week overall. The Dow Jones index finished the week higher overall by 1.7
percent. The Nasdaq closed out the week higher overall by 2.7 percent and the
S&P 500 closed out the week higher overall by 2.1 percent. Jobs data last week
was a bit better than expected, but the national unemployment rate still
remained at the 9.1 percent. The economy continues to struggle and the global
marketplace remains vulnerable. The ongoing debt crisis in the eurozone remains
a primary worry for many investors. A banking crisis on a global scale could
result if defaults on debt begin to materialize. For now, European leaders
remain focused on developing an action plan to minimize the debt crisis, but the
talks are unlikely to culminate in a complete resolution. The eurozone problems
should continue to pressure the marketplace on a global scale this week and for
weeks to come. The Bond Market will be closed for today in observation of
Columbus Day. No major reports are due to post Monday. Frank Matto
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