[July 28, 2011] SmarTrend Midday Market Recap -- July 28, 2011 (DJI,INX,IXIC) Tweet Jul 28, 2011 (SmarTrend(R) Market Commentary via COMTEX) -- Last updated July 28, 2011: 12:30 PM ET --- The major U.S. equity indices are trading higher today after a report on U.S. jobless claims. The Labor Department reported that first-time applications for unemployment benefits fell 24,000 to 298,000 last week. The House of Representatives is expected to vote today on a debt-limit hike proposal that Democrats in the Senate are opposed to. The White House also said President Obama would veto the House measure. The Dow Jones Industrial Average (DJI) is trading 0.37% higher at 12,348.15, the S&P500 (INX) is trading 0.65% higher at 1,313.25, and the Nasdaq Composite (IXIC) is trading 1.07% higher at 2,794.41. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]