The Dow Jones Industrial Average, Nasdaq, S&P 500 Indices May Close Green for
Year: The last week of trading will be closely observed as investors track the
Dow Jones Industrial Average , as well as the Nasdaq and the S&P 500 , to see of
the indices are able to close the year in the green. It seemed quite remote only
several weeks ago that all three primary indices in the U.S. might close above
break-even for the year, but with the DJIA and S&P 500 already tracking on
higher ground, the potential for all three to close the year green is probable.
The Dow Jones is Up just over 6 percent for the year so far: Heading into the
final week of trading, the Dow Jones is positive for the year by approximately
716 points and looks to end the year on a positive note. Positive momentum built
last week and the Dow closed out the week stronger. Investors will observe to
see if this momentum holds to close out the final week. Global Market Indicators
Today: Primary market indicators in Asia closed mixed today. The Nikkei in Japan
closed red by .46 percent and the Shanghai Composite in China finished the
session red as well at 1.09 percent. The Hang Seng in Hong Kong finished the
session green by 1.37 percent. European markets were higher today halfway
through their respective sessions. Primary indicators in the eurozone were green
across the board at the halfway point. Todays Dow Jones, Nasdaq, S&P 500:
Futures for the DJIA, Nasdaq and S&P 500 were red prior to opening bell this
morning. Home based economic news will collide with the ongoing market news out
of the eurozone this week. The debt crisis will continue to plague the global
marketplace through this final week of trading and beyond. Investors will look
to combat the negativity with positive economic news in the U.S. Frank Matto
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