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dow2664 The initial half of this trading week has been skewed toward the negative. Sell-offs were broad based during this time frame and investor worry over the euro-zone debt crisis has not abated. Even though European Leaders announced that a plan was in the works to stabilize the strained eurozone economy, investors still question the plan’s potential. A primary concern at this point is the lack of plan details being provided. In addition to this negatively skewed perspective, investors also worry about the general global climate. The negative eurozone ramifications will affect all major markets and this aspect is keeping many investors sidelined. On a positive note, the stock futures for the primary index composites were posting green prior to opening bell this morning. European markets were trending higher at this point as well. As the trading session reached the mid-day mark today, the primary indices were still on the positive side of break-even. The Dow Jones Industrial Average was posting higher by .79 percent at 11,916.57. The Nasdaq was posting higher by .37 percent at 2,548.66 and the S&P 500 was posting higher by .74 percent at 1,220.75. Jobs data posted better than expected today and helped to keep indices afloat. Frank Matto
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