Stocks in the U.S. were able to push forward last session even as investors
still hold concerns over ongoing debt crisis developments in the eurozone .
Primary stock indicators in the eurozone closed out the last session red across
the board. The CAC 40 in France dropped on the day by .05 percent. The DAX in
Germany closed lower by .08 percent and the FTSE 100 in the UK finished the last
session lower by .24 percent. The primary indices in the U.S. absorbed negative
pressure last session and still inched higher on the day. The Dow Jones
Industrial Average, as well as the Nasdaq and the S&P 500, finished green. The
DJIA closed higher on the day by .04 percent, positive by 5.75, and closed at
12,883.95. The Nasdaq finished the day higher by .41 percent, positive by 11.78,
and closed at 2,915.86. The S&P 500 finished the session green by .22 percent,
positive by 2.91, at 1,349.96. Noteworthy news affecting the market at mid-week
pertained to the action plan being discussed in Greece. The ECB remains
undecided on how it will restructure financials in order to avoid debt default.
March 20th is the deadline for Greece and a deal needs to be in place in order
to avoid default. Investors and global leaders grow more anxious by the day.
Stock indicator trend-lines generally moved higher, while several individual
companies posted noteworthy losses. Groupon stock plummeted last session as the
company posted net loss earnings data. According to site postings, Groupon
earned a fourth quarter loss as a publicly traded company of $42.7 million. GRPN
posted green at 24.58, but dropped red after hours by over 15 percent according
to Google finance stock quotes. Frank Matto
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