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dow2664 The primary indicators in the U.S. finished mixed last session. The Dow Jones Industrial Average closed about break-even at 12,019.42. The Nasdaq was just green by .03 percent at 2,626.93 and the S&P 500 closed just red by .02 percent at 1,244.28. Although the U.S. indices closed mixed on the last trading session last week, indices pushed into positive territory over the course of the week as a whole. All three improved by greater than or equal to 7 percent. The Dow Jones was up 7 percent. The Nasdaq was higher by about 7.6 percent and the S&P 500 finished better for the week by about 7.4 percent. The last week ended on a positive note via the jobs data. The Labor Department reported that the national unemployment rate dropped lower to 8.6 percent for November. The unemployment rate has slowly come off of its peek which posted in October at 10.1 percent. Investors’ confidence was bolstered, somewhat, by the data. Although the unemployment rate lowered, the number of jobs that have been added in recent months does not match the number necessary to keep up with population growth. Investors will look to string several months of strong jobs data together to feel secure that the U.S. economy is moving in a consistent direction. Last week, the market started off with three strong days and the hope is that this week will show similar trends. Today, investors will look to the Commerce Department report on factory orders. Economists expect a minor decline in orders for this report however. Frank Matto
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