The Dow Jones Industrial Average , alongside the Nasdaq and the S&P 500 ,
finished the last trading session on the negative side of break-even. Investors
remained on edge over fears related to the ongoing eurozone debt crisis.
Although the jobless data and unemployment rate recently posted lower in the
U.S., the primary indices were still pulled down during the last trading
session. Prior to opening bell this session, stock futures were green across the
board and stocks were set for the stronger open. The primary indicators in Asia
finished red today but the European markets were trending in a positive
direction. Positive news posted earlier today relevant to the European leaders
summit. A contingent of leaders agreed on a new deal to resolve the eurozone
debt crisis and support the euro. The new plan is set for March implementation.
Indices bumped higher after this news spread today. As the trading session
reached the mid-day mark in the U.S., the primary European indicators had closed
out the day green across the board. The primary indices in the U.S. were green
as well. The Dow Jones Industrial Average was higher by 1.27 percent at
12,150.24. The Nasdaq was higher by 1.41 percent at 2,632.86 and the S&P 500 was
higher by .37 percent at 1,251.24 as of the mid-day mark. Frank Matto
No comments:
Post a Comment