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dow2664 The primary indices in the U.S. finished mixed last session. The Dow Jones Industrial Average closed last session green, but the Nasdaq and the S&P 500 closed out in the red. The Dow Jones Industrial Average finished the session green by 25.43 at 11,796.16. The Nasdaq finished red by .60 percent at 2,572.50 and the S&P 500 finished the session red by .48 at 1,215.65. Overall, stocks sunk lower during the latter half of the last week after a generally choppy week of trends. Investors are having difficulty processing the developments in the eurozone. Investors and indices continue to feel the negative pressure stemming from the unsettling developments. Primary indices in the eurozone closed out red last session, due in part, to the negative weight of the ongoing debt crisis. Rising bond yields around Europe are holding investors’ attention and keep anxieties high. Investors perceive 7 percent yields as negative since these levels have indicated a need for bailout action in the past. The higher bond yields in the eurozone were enough to counteract the positive momentum that would have been due to the positive batch of economic reports that posted in the U.S. throughout the last trading week. Ultimately, the three primary stock indices in the U.S. closed the last week lower overall. It is unlikely that any action will present this week in the U.S., prior to Thanksgiving break, to pull all three indices to the positive side of break-even. Frank Matto
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