Stock market news review and stock composite trends today Approaching close January 6, 2014:
The Dow Jones Industrial Average closed the last full trading session with gains but the Nasdaq and the S&P 500 opened the 2014 calendar year with losses on consecutive sessions. Stock futures were mixed again this morning as more investors trickled back into the marketplace after an extended holiday break. Trading volume is expected to climb up from the relative lows observed over the last week or so.
Despite the influx of traders, cautious trading is likely. Investors will likely take additional time to process recent events as well as the weaker market trending of the last two sessions. The primary composites fell below break even across the board during the first trading session of 2014 and both the Nasdaq and S&P 500 posted losses again during the last session.
This week, investors will be waiting on Fed meeting notes expected mid week, as well as the ADP private sector report. Primary attention will be held for the December jobs report due at week’s end.
Today as the trading session approached close, the primary stock composites were tracking through negative territory and positioned for the negative close.
Today’s Dow Jones Industrial Average, Nasdaq, S&P 500 stock market index review approaching close January 6, 2014:
As close approached today, all three primary stock composites remained red. The Nasdaq was lower by .40 percent at 4,115.30. The S&P 500 was lower by .17 percent at 1,828.28 and the Dow Jones Industrial Average was lower by .14 percent at 16,446.94.
Verizon stock price moved higher today by .93 percent and as close approached posted at 48.87. VZ stock was a top Dow gainer according to Google Finance.