The negative trends that closed out the last week of trading carried through
the weekend to negatively affect trends on opening day of this week. All three
primary index composites in the U.S. spent the initial half of trading on
opening day in the red. Indicators were negative last session on a global scale.
Asian and European markets finished weaker prior to the U.S. close, and this
action undoubtedly negatively affected trends for the primary indices in the
U.S. Indices felt primary pressure relevant to the ongoing debt resolution
crisis in the eurozone. Greece is attempting to stabilize its finances after
accepting aid and now attention is split as other eurozone countries, like
Italy, deal with the debt resolution process. That being said, optimism crept in
during the latter half of the trading session in the U.S. As of end of day
close, the primary index composites in the U.S. found positive territory. All
three primary index composites in the U.S. closed out the last session in the
green. The Dow Jones Industrial Average finished higher by .71 percent at
12,068.39. The Nasdaq closed out higher by .34 percent at 2,695.25. The S&P 500
finished the last session higher by .63 percent at 1,26.12. The dollar gained
strength last session and gold futures were on the rise. Frank Matto
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