Prior to the opening bell in the U.S., stocks were stronger. The stage was set
for a higher open as the disposition in the eurozone, which has closely held
investors attention, took a more positive tone. European markets showed solid
gains early into the trading session, while Asian markets showed declines with
word of the death of North Koreas Kim Jong II. Investors will continue to
closely monitor any signs of instability out of Asia as new developments are
reported. At the mid-day mark today, the primary market indices were posting in
the red. The DJIA was red by. 44 percent at 11813.90. The Nasdaq was red by. 42
percent at 2544.69 and the S&P 500 was red by. 64 percent at 1211.81. The
sluggish economic calendar and low flow of news left investors with few cues or
direction for trade today. Share volumes are predicted to be low in the coming
week, as many participants begin holiday vacations. At close in the U.S., the
major market indexes continued in the red. The Nasdaq was down 32.19 points or
1.26% to 2523.14. The Dow declined 100.13 points or 0.84% to 11766.26. The S&P
500 lost 14.31 points or 1.17% to 1205.35. Author: Pamela Frost
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