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dow2664 U.S. stocks began the last trading session strong but trends were trailing off as the last session approached close. Investors continued to hold onto worries relating to the intensifying debt crisis ongoing in the eurozone. Italy’s 10-year bond yields shot higher this past week which many perceived as a sign of potential debt bailout need. Last session, similar signs were observed in France. The yields notched higher, but still not near the 7 percent mark which investors view as a negative sign. The eurozone is ripe with bailout talk but leaders do not all agree on the best way to resolve issues. The uncertainty regarding future steps is causing turmoil in the current marketplace and stock indices continue to experience pressure. Stock indicators in Asia finished the last session lower. The primary indices in Europe were lower as well. As the session finalized in the U.S., the primary index composites were able to finish on a positive note. The Dow Jones Industrial Average was higher by .96 percent at 11,893.79. The Nasdaq was higher by .13 percent and closed at 2,625.15. The S&P 500 was higher by .86 percent and closed at 1,239.0. Stocks rebounded to close the last session as positive economic data in the U.S. helped boost activity. The Labor Department in the U.S. reported that jobless claims dropped by 10,000 to 390,000. This figure was better than what most economists were anticipating. In addition to this positively skewed data, the U.S. trade deficit narrowed in September. This was also better than expected. Frank Matto
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