Dow Jones Industrial Average is ready for the crash, minus grows

Dow Jones Industrial Average can't hold bullish trend

In brief: Dow Jones Industrial Average lost its former level of confidence. Bulls leave the market because of negative data of European statistics.

Dow Jones Industrial Average is kept in the green zone, but significant plus decreases. Bulls began to leave the U.S. stock market during the second half of the trading session today. Trading volume on the Dow Jones fall. Dow index is at around 9,976.34 points. Level of growth is +36.36 points (0.37%).

Mixed news comes from the dynamics of different markets. The volume of stocks in the wholesale trade in the U.S. in April rose a monthly basis to 0.4% at the expected 0.5% growth rate in March, revised from 0.4% to 0.7%. According to a monthly study of insurance company AIG index of business activity in construction in Australia in May fell to 53.2 points from 55.8 points in April. In India, in May, the index of business activity in the services sector fell to 58.2 points from 62.1 points in April. The index of consumer confidence in the U.S., calculated by ABC News, increased during the week that ended June 6, to -43 points from -44 points a week earlier. The index ranges from -100 to +100. The index of consumer confidence ABC News is calculated based on a survey of about 1.000 respondents and is considered a barometer of consumer spending, which accounts for two thirds of the U.S. economy. The degree of error is ± 3%.

Igor Tringlers
2010-06-09 18:59, Economics.

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One comment к “Dow Jones Industrial Average is ready for the crash, minus grows”

  1. tibor Says:

    hi,guy are you ready to short?it seems you want to modify the vix…

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