Today’s Stock Market Notes; Dow Jones Industrial Average DJIA Index DJX:DJI, Nasdaq, S&P 500 March 6, 2013 Approaching Close
Posted on | March 6, 2013 | No Comments
Stock Market Investing News Review Today March 6, 2013:
The sequester began this week in the U.S and many expected the primary stock composites to respond negatively. Negative trends did not present however as the composites tracked higher during the opening trading sessions this week. The Dow Jones Industrial Average reached a record high last session to top its high set in October of 2007.
Today, the primary stock indexes were mixed as the Nasdaq approached close on the negative side of break-even, but the Dow Jones Average and S&P 500 approached close in positive territory.
Today’s trading session got off to a positive start due, in part, to the better than expected report from private payroll processing firm ADP.
ADP reported that private sector employment in the U.S. increased in February by approximately 198,000 jobs. Economists anticipated just 150,000 additions and thus the report helped to boost investor optimism early in the session.
Today’s Dow Jones Industrial Average, Nasdaq, S&P 500, Stock Market Index Review Today:
Just prior to official close, the Dow Jones Industrial Average was higher by .31 percent at 14,297.54. The Nasdaq was lower by .10 percent at 3,221.06 and the S&P 500 was higher by .10 .10 percent at 1,541.27 prior to close today.