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The day on Wall Street began this morning with evidence of a steep drop in the bond market.  This decrease is likely influenced by the surmounting debt crisis in Europe, with the most significant developments continually being triggered by events in Greece and Italy.  A vote for public finances will be cast by Italy today, while Greece still struggles to agree on a new premier.

There are no significant economic plans to be announced today, yet a 3-year note worth $32 billion will be auctioned later.

What’s Up On Wall Street?

There were moderate gains all across the board yesterday, as slight optimism came out of Europe regarding the Prime Ministers of both Italy and Greece contemplating resignation for the better good.  The Dow Jones Industrial Average climbed 85.15 points (0.71 percent) to close at about 12,000.  The S&P 500 added 7.89 points (0.63 percent) and the Nasdaq Composite rose 9.10 points (0.34 percent).

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