Dow Jones Industrial and Nasdaq are pretending green, avoiding the collapse today
Dow Jones Industrial Average started uncertain movement upwards
In brief: The risk of collapse for the Dow Jones Industrial Average is left behind. The level of support for the Dow Jones Industrial grows.Customers provide substantial assistance to U.S. Stock Market and the Dow Jones Industrial Average in early trading. Bidding for major U.S. markets start with a small increase of the stock indices. Dow Jones Industrial index opened in positive territory at 0.24% on a mark of 10,167.84 points, S & P 500 rose by 0.23% to 1,079.24 points, Nasdaq Composite Index added 0.18% to 2,227.44 points.
One hour prior to 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%. The biggest growth among the stocks included in the Dow demonstrated Paper Cisco Systems, rose by 1,1%. Visibly better market opened trading in shares and Wal-Mart stores and Hewlett-Packard, the market value increase which amounted to 0,7%, Verizon communications and Chevron – by 0,6%, Walt Disney and Johnson & Johnson – by 0,5%. In turn, the shares of the company Kraft Foods, reporting that it will sell the business Wedel in Poland, the company Lotte Group, increased by only 0.26%. The worst outcome in the first minutes of trading observed in the papers aircraft producers Boeing. The company’s capitalization fell by 0,4%. Dow index was trading with an increase of 0,06%, while the indices S & P 500 and Nasdaq dropped by 0,05% 0,15%, respectively. A pair euro-dollar decreased by this time on 0,29% to $ 1.234 per euro.
Ukrainian Globalist2010-06-28 14:58, Economics.
News on: Boeing, Chevron, Dow 30, Hewlett-Packard, Johnson & Johnson, Kraft Foods, Lotte Group, Major, NASDAQ Composite, Paper Cisco Systems, poland, S&P 500, stock markets, United States, usa, USD, Verizon communications, Wal-Mart Stores, Walt Disney