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dow2664 Investors remain nervous and uncertain regarding the developments in the eurozone. The debt resolution process is currently ongoing but anxieties remain. If developments turn negative in Greece, the fear is that Europe could fall into another recession. This negative action would quickly spill over and weigh negatively on the U.S. indices. Anxieties regarding this possibility pushed on the primary stock composites in the U.S. last session and ultimately, the primary indices finished the last open trading session on the negative side of break-even. The Dow Jones finished the last session lower by .51 percent at 11,983.24. The Nasdaq closed lower by .44 percent at 2,686.15. The S&P 500 finished the day red by .63 percent at 1,253.23. All three primary indices in the U.S. finished the week lower overall as well. The Dow Jones Industrial Average closed out the last week lower overall by 2.03 percent. The Nasdaq finished off the week lower overall by 2.48 percent and the S&P 500 closed below the break-even mark for the week by 2.48 percent. This upcoming week in the U.S. will be light on economic reports and thus the euro-zone developments will still attract ample attention. Trend-line movement will be pushed and pulled by the developments this week in the eurozone. Greek Prime Minister, Papandreau, won the vote of confidence from the Greek parliament and the hope is that increased stability in the government will be forthcoming. Investors will be looking for signs of stability as the trading week opens. Frank Matto
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