Todays Stock Market Index Trending News Review Today: Stock index trends
tracked close to break-even just after opening of the last trading session as
investors were more reluctant to venture any big moves. The majority are still
processing the Greek debt deal and deciphering how the after affects of the deal
will play out. Even though progress was made regarding debt resolution action
planning, investors are still unsure how the eurozone economy will respond. Last
session, positive data was reported regarding Germanys business conditions and
this was a positive sign and step for the eurozone. In addition in the U.S., the
Labor Department reported that the number of workers filing for unemployment
posted at 351,000 which was better than economists expectations. Ultimately, the
primary indices in the U.S. closed in the green. The DJIA was higher by .36
percent at 12,984.69. The Nasdaq finished the last session higher by .81 percent
at 2,956.98. The S&P 500 finished the last session green by .43 percent at
1,363.46. Earnings Share Value Data for Kohls and Target: Earnings data this
week has been mixed. Target (TGT) recently reported better than expected results
whereas Kohls (KSS) posted results were slightly weaker than expected. Kohls
fourth quarter results were about par, but first quarter forecasts were short of
expectations. Target reported earnings data that was better-than-expected in the
fourth quarter. Profit predictions for the company range between 3 and 8
percent. Target shares TGT finished the last session higher overall by 2.89
percent at 54.50. Kohls finished the last session red by 5.90 percent at 49.11.
Frank Matto
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