Monday, March 19, 2012

Todays Dow Jones Industrial Average DJIA Index, Nasdaq Index, S&P 500 Index Stock Market Investing News Today Approaching Close

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dow2664 Stock Market Investing News Today: Investors tuned in today to determine if the DJIA, as well as the Nasdaq and S&P 500 could keep the trend-lines moving in a positive direction. Prior to opening bell this morning, futures for the Dow Jones Industrial Average and S&P 500 were posting red and futures for the Nasdaq were tracking lower as well. Stocks were set for the weaker opening this morning. Although economic reports, especially in the jobs sector, have been generally positive, the housing sector will be of focus this week. Investors want to know if the sector will post data this week which implies a turn-around point for housing in the U.S. Stock index trends took an upward turn after opening bell after investors digested more positive news stemming from Apple. Apple reported earlier today that it would pay quarterly dividends of $2.65 a share. This news was on top of the positive share price and sales news that posted at the end of last week for Apple. In other positive news, the Treasury Department reported that it sold of mortgage backed securities which made taxpayers a profit of $25 billion. The first of the housing sector data posted today as well and was unremarkable. The Wells Fargo/NAHB builder sentiment index posted at 28 which was generally anticipated. It seemed like a bit of a let-down though as many were hoping for a higher reading. DJIA, Nasdaq, S&P 500 Index Trends Approaching Close Today: As the opening session was wrapping up today, the primary indices were posting green across the board. The DJIA was higher by .14 percent at 12,251.77. The Nasdaq was higher by .72 percent at 3,077.65. The S&P 500 was higher by .37 percent at 1,409.29 just minutes prior to closing bell today. Frank Matto



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