Primary indices last session finished the day mixed overall. The Dow Jones
closed green along with the S&P 500. The Nasdaq composite finished in the red.
Prior to opening bell this morning, stock futures were posting green across the
board. Stocks were positioned for the stronger open today as stocks gained some
positive momentum from global indicators. Early morning analysis revealed
positive trending on a global scale. Primary composites in Asia finished in the
green today. The Nikkei was green by 1.71 percent. The Hang Seng closed higher
by 1.58 percent and the Shanghai Composite closed higher by .29 percent. Markets
were stronger in the eurozone today as well. This positively skewed action
spilled over into the U.S. session to support index trending. Investors have
been hoping to see positive results in the eurozone as leaders work towards
solutions to the debt crisis that has been plaguing the area for some time. The
news that posted this week out of the Financial Times is helping to push
investor confidence higher and stock indices into the green. Announcements
surfaced this week that the size of the rescue fund for the eurozone countries
could potentially be increased to more than 900 billion dollars. Investors will
be paying close attention to the summit of European Leaders to observe what
short term and long term solutions are implemented. As the trading session in
the U.S. reached the mid-day mark today, the primary indices were red across the
board. The Dow Jones Industrial Average was negative .49 percent at 12,090.94.
The Nasdaq was red by 1.16 percent at 2,618.37 and the S&P 500 was red by .84
percent at 1,247.89 as of the mid-day mark. Frank Matto
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