Today Stock Market, TODAY’S STOCK MARKET DOW JONES INDUSTRIAL AVERAGE DJI, S&P 500, NASDAQ INDEX TRENDS, NOTES JANUARY 31ST, 2011 CLOSE

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Hyderabad, Andhra Pradesh, India, Republic of (Free-Press-Release.com) February 2, 2011 -- TODAY’S STOCK MARKET DOW JONES INDUSTRIAL AVERAGE DJI, S&P 500, NASDAQ INDEX TRENDS, NOTES JANUARY 31ST, 2011 CLOSE
Stocks appeared to be heading further into negative territory this morning. Prior to opening bell this morning, stock index trends were in the red and the turmoil in the Middle East was looking to push index trends even further into negative territory. That did not happen however. The Dow Jones, Nasdaq and S&P 500 ended the day in the green across the board.

A recent report on jobs recovery indicates that the lack of positions available is not the only problem with our current job market. An analysis reveals that not only are employers not adding enough jobs, but the current jobs available are concentrated in the low to mid range wage rate from $8.92 – $15.00 an hour. Seventy six percent of the jobs created in January through July of 2010 fell into the low to mid range sector. This range is much lower than the average rate of $22.60. High wage sectors made up of jobs paying from $17.43 – $31.00 an hour made up only 5% of the new jobs since hiring has begun from the recent recession. This unbalanced rate of job recovery has some analysts concerned. In addition, according to the Commerce Department, personal spending rose but personal income fell short of expectations. Personal income rose .4% in December. The dollar fell today to the euro, the British pound and the Japanese yen. Gold futures fell. At Close the major market indexes were all in the green. The Dow ended the day up by .58% at 11,891.93. The Nasdaq ended the day positive by .49% at 2,700.08. The S&P 500 ended the day green as well by .77% at 1,286.12.

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