Today’s Dow Jones Industrial Average DJX:DJI, Nasdaq, S&P 500 Index Stock Market Trends Reviewed Mid-Day Today
Posted on | May 15, 2012 | No Comments
Today’s Stock Market Trend Review:
The Dow Jones Industrial Average, as well as the Nasdaq and the S&P 500, moved lower through the course of last week’s trading sessions and trends were little changed after opening day this trading week.
The primary stock composites finished red across the board last session. The Dow Jones Average closed lower by .98 percent at 12,695.35. The Nasdaq finished the day lower by 1.06 percent at 2,902.58 and the S&P 500 finished red by 1.11 percent at 1,338.35. Stocks have finished lower over the last two weeks and this week is not off to a positive start. Investors’ continue to feel pressure as a result of the financial and political uncertainty emanating out of Europe. In addition to the negatively skewed news out of the eurozone, the U.S. banking sector felt more pressure last session as the negative JPMorgan Chase Co. fall-out continued. Investors will look for better news today. Prior to opening bell this morning, futures for the primary stock composites in the U.S. were posting green across the board. As the trading session approached the mid-day mark, stocks trends were choppy and had spent time on both sides of break-even. In the U.S., economic news was generally positive. The U.S. retail sales numbers moved higher by .1 percent last month and the Consumer Price Index was constant in April after rising .3 percent in March.
Today’s Dow Jones Industrial Average, Nasdaq, S&P 500 Index Review Mid-Day
As of the mid-day mark, the primary U.S. stock indices were still posting green. The DJIA was higher by .35 percent at 12,740. The Nasdaq was higher by .89 percent at 2,928.55 and the S&P 500 was higher by .41 percent at 1,344.14.