Todays Stock Market Overview DJIA, Nasdaq, and S&P 500 Trending News Today:
Futures for the primary indices in the U.S. posted red during the early morning
hours last session and trending remained negative during the initial half of the
last session. The DJIA index, as well as the Nasdaq and the S&P 500 , were
unable to rebound completely during the session and finished the day mixed.
Index trends were pressured lower initially due, in part, to the weaker than
expected report on retail sales. According to the report from the Commerce
Department, retail sales were up by .4 percent in January but economists were
expecting to observe a rise by approximately double that rate. In addition to
the negative spin stemming from the Retail Sales report, investors remain
nervous regarding the eurozone debt resolution process. More news is expected
regarding the Greek bailout action plan today. Stocks began a partial rebound
after reports posted relaying that Antonis Samaras will deliver a letter of
commitment to euro leaders today. Last session close review for the DJIA,
Nasdaq, and S&P 500 Indices: The Dow Jones Industrial Average finished the last
session higher by .03 percent at 12,878.28. The Nasdaq finished the last session
higher by .02 percent at 2,931.83. The S&P 500 closed the last session red by
.09 percent at 1,350.50. Prior to opening bell today, the primary indices in the
U.S. were posting green across the board. The DJIA futures were higher by .56
percent. The Nasdaq futures were posting green by .55 percent and the S&P 500
futures were higher by .54 percent at this point. Stocks were set for the
stronger open today in the U.S. Asian stocks finished their session strong today
and the eurozone market was posting gains as well. Frank Matto
No comments:
Post a Comment