The DJIA breakdown continues, bulls run away

US stock markets today: the DJIA's breakdown continues

In brief: The Dow Jones index started to decrease after the promising start and its ruining continues to current moment.

Today’s session at the major markets of the United States opened with a small increase in stock indexes. The DJIA and S&P 500 added 0.16% to 9,747.76 and the cost to 1,028.97 points respectively, Nasdaq Composite Index increased by 0.2% to 2,105.59 points. Despite this, the Dow Jones index later has started to decrease and its ruining continues to current moment. The DJIA now has fallen by 91.00 points or 0.94%.

Most of the securities from the Dow Jones index opened the session with mixed dynamics. The best results were observed in the quotations of the Alcoa that grew up by 0,8%, the Verizon communications – also by 0,8%, American express – by 0,7% and Johnson & Johnson – to 0,6%. In contrast, a marked decrease was observed in the Bank of America shares, which decreased by 0,9%, Cisco Systems – by 0,6%, and Intel – by 0,5%.

Olga Bespalova
2010-07-02 19:22, Economics.

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