The primary indices finished the last trading session mixed but lower for the
last week overall. The initial half of the trading week was primarily negative
as stocks weakened and anxieties relevant to the eurozone debt crisis applied
ongoing pressure. Investors are looking to receive more information and detail
regarding the debt resolution plan in the eurozone but, so far, few details have
been forthcoming. As the week progressed, home based economic reports in the
U.S. were stronger and helped to push indices higher on Thursday. Filings for
unemployment insurance dropped lower and manufacturing data posted
better-than-expected. The positive action pushed all three primary indices into
the green on Thursday. On the last session of the week, the Dow Jones Industrial
Average closed lower by .02 percent. The S&P 500 index finished the last session
green by .3 percent and the Nasdaq finished the last session higher by .6
percent. Trading volume in the marketplace was light last session due to global
marketplace volatility and the upcoming holiday. Ultimately for the week, the
primary index composites in the U.S. finished in negative territory. The DJIA
finished the week lower by 2.61 percent. The S&P 500 closed the last week lower
by 2.83 percent. The Nasdaq finished the last week lower by 3.46 percent
overall. Frank Matto
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