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dow2664 Stock Market USA Investing News Today: The primary indices dropped lower across the board to close out the last trading session in the U.S. The DJIA , as well as the Nasdaq and the S&P 500 , pushed higher during the initial half of trading last session only to fall off the relative highs to close out on the negative side of break-even. Economic news which posted during the last trading session in the U.S. was generally disappointing. The added weight was too much for the index trend-lines to support. Weaker than expected economic news in the U.S. pressures the DJIA, Nasdaq, and S&P 500 indices: The economic news which posted in the U.S. last session was probably more deflating at this current time when compared to the recent batch of positively skewed reports experienced during the opening weeks of January. January had opened the 2012 calendar year positively and investors were full of optimism. The rally observed through the opening week’s in January had the primary indices posting marks not seen since 2008. Yesterday however, the rally hit a road bump in the form of new home sales data and jobless claims data. New Home Sales and Jobless Claims Economic News USA: Analysts were anticipating an increase in new-home sales for December. The opposite outcomes posted however according to the data released via the U.S. government. According to the statistics, new-home sales in December equaled only 307,000 which was a downgrade from the November stats which totaled 314,000. According to Census Bureau stats dating back some 4 decades, the 2011 numbers are the worst on record. The housing market continues to have significant difficulty making progressive strides to parallel broad based market progressions recently observed in the U.S. economy. Adding to the negative weight of the deficient new-home sales data was the jobless claims data. According to the initial jobless claims data which posted this week via the Labor Department, Americans making application for jobless benefits rose by 377,0000 for the week ended January 21. DJIA, Nasdaq, S&P 500 Last Session Close: All three primary indices in the U.S. closed the session in the red. The Dow Jones Industrial Average finished the day lower by .18 percent at 12,734.63. The Nasdaq finished the last session in the red by .46 percent at 2,805.28 and the S&P 500 finished the last session lower by .58 percent at 1,318.43. Frank Matto
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