Today’s Stock Market Investing News Trend Review January 10, 2013:
All three primary stock composites finished the mid-week trading session in positive territory to close. After the first two sessions of this week were marred by negative stock trends, investors were relieved to see the marketplace rebound last session. A positive start to the earnings season, via Alcoa results, helped push investors’ optimism yesterday. The optimism ultimately helped to support the positive stock composite outcomes.
Primary market indicators in Europe finished stronger last session as well which helped U.S. stocks get off to a better start yesterday. Investor focus will remain on earnings data this week, but news of debt ceiling developments will surely affect trend-lines.
Dow Jones Industrial Average, Nasdaq, S&P 500 Stock Index Close Review Today:
The Dow Jones Industrial Average closed the session higher by .46 percent at 13,390.51. The Nasdaq closed the session higher by .45 percent at 3,105.81 and the S&P 500 finished the session above break-even by .27 percent at 1,461.02.
While all three primary stock composites finished higher yesterday, Bank of America (BAC) and Exxon Mobil (XOM) were bottom dwellers of the Dow Jones Industrial Average. Exxon Mobile finished the last session lower by .38 percent at 88.14, and Bank of America closed the last session red by 4.59 percent at 11.43.