The primary indices in the U.S. struggled through the opening trading session
this week. The DJIA , along with the Nasdaq and the S&P 500, closed last session
on the negative side of break-even. Stock sell-offs were broadly based last
session as the marketplace made corrections from the previous rally. Last week,
European leaders emerged from the eurozone summit and announced that a plan had
been reached to correct the debt crisis that has been plaguing the eurozone
economy for so long. This plan is expected to be implemented by the month of
March 2012. Investors were pumped with optimism upon hearing this news and stock
indices pushed higher. After the initial rally though, investors began to
contemplate the details of the pan, or lack thereof, and optimism faded. The
debt crisis in the eurozone will be no quick fix and the diminished optimism
experienced last session reflects this fact. Prior to opening bell this morning,
European markets were higher and the stock futures for the primary indices in
the U.S. were posting green across the board. As the session reached the mid-day
mark, the Dow Jones Industrial Average was posting higher by .49 percent at
12,080.01. The Nasdaq was in the red by .05 percent at 2,611.03. The S&P 500
posted green by .26 percent at 1,239.67 as of the mid-day mark. Frank Matto
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