The primary stock indices in the U.S. fell lower through the mid-week trading
session today. The negative trending has been a constant this week as investors
continue to deal with the negative ramifications of the European debt crisis.
Leaders in Europe have announced that a plan to stabilize the strained eurozone
economy is set and scheduled to be implemented in the coming months. Few
plan-specific details are available however and worry remains. The weight of
this worry has pulled the primary indices in the U.S. into the red on each
trading day this week. Today, as the final numbers were finalized, the three
primary indices settled on the negative side of break-even. The Dow Jones
Industrial Average finished the session red by 1.10 percent at 11,823.48. The
Nasdaq finished the day lower by 1.55 percent at 2,539.31 and the S&P 500 closed
out the session red by 1.13 percent at 1,211.82. The dollar gained momentum as
the euro continued to fall back. Commodities dropped lower. Oil price per barrel
fell by 5.18 percent last session to 94.95 per barrel and gold futures dropped
off into the red as well last session. Frank Matto
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