U.S. stocks: Dow Jones Industrial Average gets rid of the bearish trend
Nasdaq Composite, Standard & Poor's 500 and the DJIA will come to a new level of support tomorrow
In brief: Dow Jones Industrial Average will begin trading tomorrow only. After a positive trading on the stock markets of Asia Bulls hope to raise the Nasdaq Composite, Standard & Poor's 500 and DJIA.Standard & Poor’s 500 and the DJIA will start to grow tomorrow. The main reason for the future growth of the American stock market indices will rise in Asia and Europe. Analysts expect growth of Dow Jones Industrial Average in the range 1% – 1,5% tomorrow. Dow index stood at 9,686.48 points as of tomorrow. American stock indexes declined on the bidding results within 0.5% and despite the growth rates “treasures and reduce market risk indicators.
Thus, quite traditionally, in terms of statistics the last 9 years, players have completed segment of the American stock trades leading up to Independence Day, “in the money”. The coming weeks will show how the market believes in deflation in the background of ongoing large-scale practice of monetary incentive, and whether players are ready to go “in the money” if the data reporting season, the largest U.S. companies, which opens on July 12 did not meet the expectations of “bears.” Technically the market is “oversold.” Despite the medium-term risks, the possibility of its restoration in the coming weeks remains.
Ukrainian Globalist2010-07-05 07:39, Economics.
News on: asia, DJIA, Dow 30, europe, Independence Day, S&P 500, stock markets, United States, usa