Dow Jones Industrial Average is going down and then rising cause of AIG

Bulls pull Dow Jones, despite the bad news of the insurance market

In brief: Dow Jones Industrial Average could not overcome a bullish trend. Total trading volume remained at low levels.

Dow Jones Industrial Average falls. Futures of the Dow index could not resist a high level. Shoulder of bulls’ support for Dow Jones Industrial Average remains, but it’s weak enough. The background for the fall of Dow Jones have bad news from the local insurance market. United States: recent estimates state rescue AIG spared European banks from the need to attract $ 16 billion.

According to the supervisory committee of Congress, sponsored by the State rescue insurer American International Group spared the European banking sector from the need to attract $ 16 billion in the hardest times of crisis. In particular, banks ABN Amro Holding and Danske Bank, which are the most actively bought from AIG derivative instruments, in case of bankruptcy of the latter would need $ 3.5 billion and $ 2.1 billion, respectively. And, just now Dow Jones is going up to the 10,275 points, the plus is 60.69 points (0.59%).

Ukrainian Globalist
2010-06-14 13:41, Economics.

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2 comments к “Dow Jones Industrial Average is going down and then rising cause of AIG”

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  2. habu Says:

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