The Dow Jones Industrial Average, along with the Nasdaq and S&P 500,
experienced better than expected trend-line movement to close out the last
trading session of the week yesterday. The rebound for the primary indices in
the U.S. began Thursday when the economic posts that presented were better than
expected and progressive action in the eurozone eased debt crisis anxieties.
Jobless claims data dropped as did the gap for the U.S. trade deficit. Greece is
implementing new leadership and Italys government is taking action to secure
austerity measures. Consumer sentiment was on the rise. According to the recent
report from the University of Michigan, consumer sentiment in November rose
higher than it has been in almost half of a year. The index posted higher at
64.2 in November which was an increase over 60.9 in October. As the trading
session culminated, the three primary stock composites in the U.S. finished
green. The Dow Jones Industrial Average was higher by 2.19 percent at 12,153.68.
The Nasdaq was higher by 2.04 percent at 2,678.75. The S&P 500 was higher by
1.95 percent at 1,263.85. Yesterdays positive close for the primary indices in
the U.S. made last session the second straight session that stocks closed out
stronger and indices finished on the positive side of break-even. Frank Matto
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