Saturday, March 10, 2012

Todays Dow Jones Industrial Average DJIA Index Nasdaq S&P 500 Stock Market Investing News; Eurozone Bailout Package for Greece and Jobs Data Today

Stock Market Trends and Stock Composite News Today: The DJIA, as well as the
Nasdaq and the S&P 500, finished the last session of the week on the positive
side of break-even across the board. The jobs report helped to push the primary
U.S. indices into positive territory last session. According to the jobs data
which posted last session, the U.S. economy added approximately 227,000 jobs
during the month of February. The national unemployment rate held steady at 8.3
percent. The data was slightly better than anticipated and helped stock indices
move in a positive direction. In addition to the jobs data, investors felt more
confident as a result of the progressive action observed in the eurozone. Greece
took another step in the right direction as additional moves were made to secure
the debt resolution bailout funds. Billions in funds are needed so that Greece
may avoid default. Enough creditors agreed on a bond swap deal to allow the
rescue plan to position for approval. This positive wave of news spread overseas
and helped support U.S. indices throughout the closing session of the week.
DJIA, Nasdaq and S&P 500 index close Today: The Dow Jones Industrial Average
closed the last session of the week higher by .11 percent at 12,922.02. The
Nasdaq finished the session higher by .60 percent at 2,988.34. The S&P 500
finished the session higher by .36 percent at 1,370.87. The progressive action
in Greece was the big news to end the trading week, but investors will remain
cautious. The problem in the eurozone is not solved, only managed. Market trends
will remain vulnerable as the process plays out in the short term. Frank Matto

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