Stock Market Index Trend Review, Index Composite News: The primary U.S. stock
index composites finished the last session mixed. The debt resolution deal in
Greece initially gave investors strength and index trend-lines a positive boost,
but the momentum has faded . Dow Jones Industrial Average and Nasdaq indices
fall into negative territory to close: The DJIA fell into the red last session
by .21 percent to close at 12,939. The Nasdaq finished the last session lower as
well at 2,933. Global market reports posting last session did little to help
support a rally. Weaker than expected economic data dropped during the market
sessions in Asia and Europe and this pushed indices lower in the U.S. Hewlett
Packard Data Disappoints and Shares Drop Lower: HPQ shares fell off last session
to 28.60 after news spread of the weaker than expected earnings and the fiscal
second quarter profit forecast came in short of expectations. The company
reports that sales of servers, printers and storage components, as well as
personal computer purchases are down. Shares of HPQ were trading lower during
eurozone trading this morning. Frank Matto
No comments:
Post a Comment