Dow Jones makes an attempt to restore justice in the U.S. stock market today

Dow Jones Industrial: after the minus may be rapid ups

In brief: Dow Jones Industrial Average is encouraging investors against the promised positive local level statistics of U.S. companies.

Dow Jones Industrial Average is in a difficult situation. Growth of Dow index remains real in the dreams bulls. The overall level of trading on the U.S. stock market is expected to be below yesterday’s level. To calculate the growth of Dow Jones in such circumstances becomes difficult. The level of risk remains high. After several days of growth in the markets there is a small correction.

American playgrounds traded in a small plus, but after the close of trading in Russia have completed the trading day decline: Dow Jones Industrial Average lost 1.1%, the index of wide market S & P 500 fell 1.7%, and high-tech NASDAQ index went into negative on 1,5%. Futures on the U.S. indexes at 12:00 traded in a shallow minus about 0.3%, slightly reducing levels the day before the U.S. market. The cause of yesterday’s market decline was the negative statistics on China and the Eurozone. Also spoiled the mood of investors and the ECB, warned investors in its review of the financial stability of the possibility of additional write-off of losses in the banking system amounting to 195 billion euros in the year and a half years. Also, its influence on the markets and the situation in the Middle East, where Turkey and Israel continue to exchange very harsh statements because of the situation with the humanitarian convoy traveling in Gaza. Also, additional pressure on oil companies to provide news that BP against a criminal case in connection with oil spills in the Gulf of Mexico.

Ukrainian Globalist
2010-06-02 14:21, Economics.

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