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dow2664 European leaders did not reach an agreement on the debt resolution plan Wednesday as originally expected. The deal came together today however and the agreement keeps investor optimism running on high. Prior to opening bell this morning in the U.S., the primary stock future indicators were posting green across the board. It appears that the good news from the eurozone helped stocks open higher this morning. French President, Nicolas Sarkozy, stated that the plan was finished after a long night of negotiations. He reports that the plan will help the eurozone avert debt catastrophe. The implication is that the plan will help prevent the possibility of recession in the eurozone which would have had numerous negative implications worldwide. The details of the plan are being finalized and summarized and will post in the coming weeks. Leaders and investors are hoping the worst is over. For today, world stock indices responded favorably. Primary indicators in Asia closed their respective sessions in the green today. The Nikkei was higher by 2.04 percent. The Hang Seng closed higher by 3.26 percent. The Shanghai Composite finished higher by .34 percent. European stocks popped higher today as well. The CAC 40 closed positive by 5.72 percent. The DAX closed higher by 5.35 percent. The FTSE 100 closed higher by 2.89 percent. North American markets are higher at the mid-day mark. In the U.S., the Dow Jones Industrial Average was green by 2.60 percent at 12,178.20. The Nasdaq was higher by 2.76 percent at 2,723.39. The S&P 500 was higher by 2.91 percent at 1,278.07. Stocks are positioned for the positive close marks as a result of the European plan development. Frank Matto
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