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dow2664 The primary indices snapped a three day losing streak last session as the Dow Jones Industrial Average , as well as the Nasdaq and S&P 500, closed out the day on the positive side of break-even. The Dow Jones was the biggest gainer of the three as it gained .4 percent on the day to finish at 11,869. Economic reports in the U.S. skewed positive. The number of Americans filing for first time unemployment insurance dropped last week to 366,000. This marked the lowest level for the statistic since Spring of 2008. In addition to the positively skewed unemployment data, the Federal Reserve Bank of Philadelphia announced that its index of regional manufacturing activity bumped higher to 10.3 in December. This was also well received, especially when comparing it to November’s reading of only 3.6. These variables helped boost investors’ confidence in the U.S. and the direction in which the economy is moving. The primary indices closed higher as a result. Prior to today’s opening bell, futures for the primary stock indices were still tracking green. Global markets were looking better as well. Primary indicators in Asia closed the trading day in the green. The Nikkei finished .29 percent higher. The Hang Seng finished higher by 1.43 percent and the Shanghai Composite closed out the session higher by 2.01 percent. European markets were stronger today as well. As the session reached the mid-day mark, the primary composites were posting above break-even. The DJIA was posting just above break-even at 11,868. The Nasdaq was higher by .56 percent at 2,554.86 and the S&P 500 was higher by .33 percent at 1,219.59. Frank Matto
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