The Dow Jones Industrial has justified forecasts and set records high

The level of support for the Dow Jones Industrial Average remains high

In brief: Dow Jones Industrial Average continues to grow closer to the middle of trading on the U.S. stock market today. Bulls no longer cautious.

Now Dow Jones Industrial Average is at a maximum of 10,555.16 points. The level of growth was +104.52 points (1.00%) in the first half of trading. Forecast for Dow Jones remains unchanged: Today’s session at the major U.S. markets will gap up. Futures on stock indexes throughout the day showing an increase of more than 1% on positive news from China. Futures on the Dow rose by 1,16%, S & P 500 – by 1,35%, Nasdaq – by 1,2%.

At the same time today in the U.S. is not expected to yield significant macroeconomic statistics and corporate reports that in a favorable developments in the global markets is perceived to favor the bulls. Among the papers that make up the Dow better results at premarkete observed in the papers of chemical concern DuPont, grown on 0,8% and the industrial group GE – by 0,7%. A pair of euro-dollar dropping an hour before the start of trading on 0,2% to $ 1.236 per euro. However, the correction observed in the Euro quotes are not worsened situation in the oil market. Futures Brent crude went up by 1.67% to $ 79.53 a barrel, a mixture of WTI – on 1,58% to $ 78.4 per barrel.

Ukrainian Globalist
2010-06-21 16:31, Economics.

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