Todays DJIA, Nasdaq, S&P 500 Stock Market Investing News Trends Today: The
DJIA, as well as the Nasdaq and the S&P 500 stock market indices, finished the
second trading session this week in the red across the board. Investors are
interested to observe and analyze this weeks worth of housing sector data. What
posted yesterday was generally better than expected. The number of housing
permits in February climbed higher by just over 5 percent. Although this was
better than expected, investors worried about the weak stock market trends
overseas and the side bar discussions pertaining to an economic growth slowdown
in China. This news pressured stock index trends in the U.S. last session which
ultimately pushed them below break-even for the day. This morning, prior to
opening bell, futures for the Dow Jones Industrial Average, as well as the
Nasdaq and the S&P 500 were posting green. Stocks positioned for the higher open
today and the housing market remained in focus. Data was came in mixed today.
The housing sector data was weaker than expected. Existing home sales data
posting for February was lower than anticipated. According to the National
Association of Realtors, existing home sales dropped in February by over 5
percent to post at 4.59 million. Many were hoping to observe a stream of
positive housing sector data this week which for many would have been a sign
that the sector is stepping towards sustained recovery. This data was definitely
a set-back. Adding to the pressure felt by Americans today was the posted rise
in gas per gallon price. AAA motorist group stated that the average price
notched higher to $3.86 cents today. Stock market trends wavered today as a
result of the mixed economic data. DJIA, Nasdaq, S&P 500 Market Trends
Approaching Close: The Dow posted red by .28 percent at 13,133.03. The S&P 500
was red as well by .19 percent at 1,402.89. The Nasdaq was green by .04 percent
at 3,075.32 as close finalized today. Frank Matto
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