Stock Market Overview Today: Investors found their way back to stocks during
the mid-week trading session. All three primary index composites finished with
closing numbers on the positive side of break-even for the day. The DJIA, as
well as the Nasdaq and the S&P 500, finished the day in the green. Stock Market
Index Close for Dow Jones Industrial Average, Nasdaq, S&P 500 Today: The Dow
Jones Industrial Average finished the day higher by .61 percent at 12,837.33.
The Nasdaq finished the day higher by .87 percent at 2,935.69 and the S&P 500
finished the day higher by .69 percent at 1,352.63 Economic reports help push
Stock indices higher today: According to the ADP report today, private sector
employers added 216,000 jobs in February. This news provided investors with a
boost of optimism and also helped solidify expectations for the unemployment
rate report due out this week. In addition to this positively skewed data, ADP
also revised its January estimates of private sector gains from 170,000 to
173,000. It was also noted that the construction industry added 16,000 jobs.
These variables helped indices experience a nice bounce in a positive direction
today. Todays positive trends were a well needed reprieve from the negativity
that was experienced in the marketplace on Tuesday. Frank Matto
No comments:
Post a Comment