Dow Jones Industrial Average: the collapse continues

Dow Jones is coming to 0,5% of the minus

In brief: Dow Jones Industrial Average: Bulls refuse to increase the volume of trades in the market. Bears launched a new attack on the stock market.

Average Dow Jones Industrial stops at the mark of 10,123.71 points. Reduce Dow index had stopped approximately near 48 points of fall (-0.48%). Experts assumed that the volume of trading on the U.S. stock market will be much higher than current rates. The main cause of the fall was the fear of bulls actively going to increase because of the problems the Japanese economy.

At the same time good news came from the U.S. insurance market. That insurers have support for Dow Jones. Thus, a private investment firm TPG Capital has agreed to buy provider of software and computer services for the insurance sector Vertafore for $ 1.4 billion was reported that Vertafore be purchased at major competitors TPG Capital, such as Hellman & Friedman and JMI Equity. In addition, minus the paper today traded oil companies: shares of ExxonMobil, Chevron and ConocoPhillips rival cheaper at 0,6%, 0,9% and 0,7% respectively.

Anrey Torbinski
2010-06-11 15:20, Economics.

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