Stock Market Investing News Economic Trending News Today: The Federal Reserve
reported this week that interest rates would remain at record lows through at
least 2014. This was positive news for many. In addition, the tone of the
Federal Reserves report was a bit more positive than the last time we received
information via Benjamin Bernanke. The positively skewed report helped the
primary stock indices finish in the green across the board to close out Tuesdays
trading session. The DJIA closed at a level higher than any observed since 2007.
The Nasdaq gains were better than any the index has made in over a decade. The
moderate economic improvements in the U.S., highlighted by an improving job
sector, are helping to support the marketplace. This morning however, futures
for the primary stock indices were mixed. The Dow Futures were positioned in the
red prior to opening bell today. As the session moved forward, the primary stock
indices in the U.S. were still mixed. The DJIA, as well as the Nasdaq and the
S&P 500, struggled to find consistent direction during the mid-week trading
session. Generally, most are looking for more positive trending due, in part, to
the progressive actions ongoing in the euorzone regarding debt restructuring. As
the session approached closing bell in the U.S. today, primary indices remained
mixed. DJIA, Nasdaq, S&P 500 Approaching Close Review Today: The Dow was green
by only .06 percent at 13,185 just minutes prior to close today. The Nasdaq was
red by .03 percent at 3038.95 and the S&P 500 was red by .20 percent at 1,393.14
just prior to close today. Frank Matto
No comments:
Post a Comment