Friday, December 23, 2011

Todays Dow Jones Industrial Average DJIA, Nasdaq, S&P 500; Stock Market Investing News USA today

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dow2664 The up and down week continues for the marketplace. Stock futures were posting green prior to the opening bell of last session, and trends remained stronger throughout the whole of the last trading session. The Dow Jones Industrial Average , as well as the Nasdaq and the S&P 500, finished the last trading session on the positive side of break-even. Stocks were pushed higher on the positive data posting via last session’s jobs report. According to the government stats, the number of Americans completing applications for first time unemployment benefits fell lower. According to the report, only 364,000 Americans filed for first time unemployment benefits last week. This number was lower than the previous week’s data by approximately 4,000. The lower-than-expected filings represent the lowest number of unemployment filings since 2008. Since the number of Americans filing for first time unemployment benefits was expected to rise, the lower number was a significant positive surprise. Again, with trading volume being below average during the holiday season, any positively skewed report seems to have a greater overall affect on average. In addition to the positive jobs data, stocks in the U.S. absorbed positive momentum from the stronger stock outcomes in the eurozone. Primary indicators there finished their respective sessions green as well. As of end of day close in the U.S., the Dow Jones Industrial Average finished the session higher by .51 percent at 12,169.65. The Nasdaq finished the session higher by .83 percent at 2,599.45. The S&P 500 closed out the last session higher by .83 percent at 1,254. Frank Matto



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