Dow Jones Industrial falls deeply at the early trading

Dow Jones Industrial Average continues to fall against the general negative

In brief: Dow Jones Industrial becoming weaker against the background of negative data from Europe and the precarious economic position of China.

China and Europe had forced Dow Jones Industrial for further declining. Dow Jones Industrial Average was 10,123.40 points. The level of incidence Dow index has exceeded -20.41 (-0.20%). Analysts say trading on the major U.S. markets will open with a slight increase in stock indexes. Futures on the Dow traded with an increase of 0,06%, S & P 500 – on 0,12%, Nasdaq – on 0,16%.

An hour before the auction were published data on personal income and spending, which were neutral. In May, the level of private consumption expenditure increased by 0,2% in expected to increase by 0,1%, while personal income – 0,4%, with the anticipated increase by 0,5%. From news, corporate in nature, may influence the trading dynamics of individual securities should be allocated shares fall on Amazon.com with a “buy” to “neutral” by analysts Susquehanna. In addition, it was reported that the food manufacturer Kraft Foods, whose shares are included in the index Dow, sell business Wedel in Poland, the company Lotte Group. At premarkete shares Kraft Foods has not changed. The best results premarkete demonstrated, in turn, shares of diversified manufacturer 3M products, whose growth is 0,9%.The euro-dollar decreased by 0.34% to $ 1.233 per euro. Futures contract on Brent crude dropped by 0,86% to $ 77.45 a barrel, a mixture of WTI – on 0,65% to $ 78.33 a barrel.

Ukrainian Globalist
2010-06-28 14:21, Economics.

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