Stocks Drop as S&P warns of Downgrade of 17 Eurozone Nations

Date: 12/5/2011

Stocks Drop as S&P warns of Downgrade of 17 Eurozone Nations (VIDEO) The Dow and S&P 500 rose in early trading on hopeful signs that Europe was making progress toward preventing a breakup of its 17-nation currency union.

Stocks extended their rally on Monday's trading but closed well off the highs. The Dow Jones industrial average index rose 79 points or .66% to close at 12,098. The NASDAQ composite index rose 28.83 points or 1.1% to close at 2655.76. The Dow Jones transportation index rose 75.3 points or 1.52% to close at 5022. The NASDAQ 100 index rose 24.91 points or 1.08% to close at 2326.95. The Russell 2000 index rose 12.01 points or 1.63% to close at 747.03. The S&P 500 index rose 12.8 points or 1.03% to close at 1257.08.Date: 12/5/2011

In this live stock market education technical analysis video will cover the recent stock market rally me S&P 500 index today's recent selling action off. Will cover the current support and resistance levels on the S&P 500 the recent buy signals on daily charts.

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