Todays DJIA, Nasdaq, S&P 500 Stock Market News: The DJIA , Nasdaq , and S&P 500
continued to experience pressure last session which stemmed, in part, from
developments relevant to the ongoing eurozone debt crisis. The primary stock
composites throughout the eurozone finished red across the board. The CAC 40 in
France closed the last session lower by .19 percent. The DAX finished the
session red by .17 percent and the FTSE 100 finished red by .45 percent.
Anxieties enveloped investors after news spread the banks throughout the
eurozone area had positioned a substantial amount of money with the European
Central Bank. Investors see this action as one that transpires during uncertain
economic times. It sidelined many and added weight to index trends during the
trading session. This weight carried over to the U.S. and applied negative
pressure there as well. Ultimately, the primary indices in the U.S. finished the
day mixed DJIA Close, Nasdaq Close, S&P 500 Close: The Dow Jones Industrial
Average finished below break-even and the Nasdaq and S&P 500 finished in
positive territory. The DJIA closed red by .10 percent at 12,449.45 last
session. The Nasdaq finished the session green by .31 percent at 2,710.76 and
the S&P 500 closed the session lower by .03 percent at 1,292.48. Even though the
DJI finished lower, stocks generally closed higher on the day. Bank shares
rallied during the last session and homebuilding stocks did relatively well
also. In addition, the Federal Reserve Beige Book reported that economic
conditions improved moderately in the 12 districts. Positive holiday sales were
noteworthy according to the Feds as well. Investors will be on the lookout for
the initial jobless claims today. Earnings report today are due from Essex
Property Trust. Frank Matto
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