The DJIA continues its confident growth

The DJIA continues its growth as the session goes on

In brief: The DJIA continues to grow during the current session.

Despite the fact that the macroeconomic statistics turned out to be negative the Dow Jones Industrial Average along with the other U.S. indexes futures keep demonstrating confident growth from the very beginning of current session. During the premarket the Dow Jones index futures increased 0.62%, the S&P 500 grew 0.84% and the Nasdaq rose 0.88%.

The indexes continue to grow due to the Alcoa report that turned out to be better than predicted. The sales also grew 22%, reaching $5.19 billion. Though the trade deficit this May reached $42.27 billion while $39 billion were predicted. The Alcoa shares became the leaders of the growth from the very beginning of the session, rising 3.3%. The JPmorgan Chase shares followed, growing 2.8%. The Dow Jones and the S&P 500 indexes increased 1% and the Nasdaq rose 0.9%.

Olga Bespalova
2010-07-13 14:57, Economics.

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