The Primary stock index composites in the U.S. were able to finish Tuesdays
trading session in positive territory across the board. The DJIA, as well as the
Nasdaq and the S&P 500 closed out the last session in the green. The session was
choppy however as economists struggle to process the default process happening
in Greece. Most now feel that default is inevitable with timing being the
unknown variable. The uncertainty is keeping investors on edge and causing
trading volatility. The primary stock index composites spent the majority of the
last trading session moving in negative territory and then jumped during the
latter half of the session. The large losses that enveloped the marketplace
through a majority of the day were wiped out with a wild swing to higher ground.
Prior to opening bell this morning, futures were still mixed and indicators
reveal that todays session could be another up and down ride. The worsening debt
situation in Europe, paired with general fears of global recession, should add
additional instability to market trends as the day and weeks progress. As todays
session approaches the halfway point, the primary index composites in the U.S.
are green. The Institute for Supply Management posted its services report and
revealed an uptick in business activity. This posting was better than expected
and thus helped to push indices higher overall. The Dow Jones was green by .34
percent at 10,854.04. The Nasdaq was green by 1.37 at 2,437.20 and the S&P 500
was green by .64 percent at 1,131.14. Investors continue to keep an eye on
developments in Europe. The developments at this point only serve to add weight
to stocks trend lines that are already struggling. Frank Matto
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