Dow Jones Industrial Average, Nasdaq, S&P 500 Index Review: Although the Dow
Jones Industrial Average finished the last trading session of the opening week
of trading in the red, it finished the first week of trading in 2012 in the
green overall. The DJIA finished the last trading session red by .45 percent at
12,359.92 but closed out the week higher overall by 1.17 percent. The other
primary indices in the U.S. finished the last trading session of last week
mixed. The Nasdaq finished green by .16 percent at 2,674.22 and the S&P 500
finished the last session lower by .25 percent at 1,277.81. Both the Nasdaq and
the S&P 500 finished the last week overall in the green. The S&P 500 closed out
the last week higher overall by 1.61 percent. The Nasdaq index ended the last
week higher by 2.7 percent. Stock Market Overview: The positive index trends
were supported by the positively skewed jobs data which posted last week.
Investors will be focused on earnings reports this week and hope to see the
positive momentum build. Alcoa will report forth quarter results today. It still
remains that any positive momentum that might build in the U.S. this week will
be confronted by the negativity stemming out of the eurozone. Frank Matto
No comments:
Post a Comment