The DJIA rises greatly as the trading goes on

Today’s session at the major U.S. stocks opened with nearly 1% increase

In brief: The DJIA continues its positive tendency, rising as the trading goes on.

Today’s session at the major U.S. stocks opened with nearly 1% increase in the Dow Jones Industrial Average along with the other stock indexes. Such reaction was caused by the positive Alcoa report that managed to surpass all analytics’ expectations. Though the report was published yesterday after the end of the trading, it was enough to overthrow today’s macroeconomic statistics that turned out to be seriously worse than predicted.

All the shares from the Dow Jones index opened the trading in the green zone and some of them began to grow prominently from the very beginning of the session. The Bank of America shares rose 1.7%, the DuPont, Verizon communications and Walt Disney shares increased 1.2% and the Caterpillar grew 2%. By current time the DJIA continues the positive tendency, rising 1.60% or +163.02 points.

Olga Bespalova
2010-07-13 15:56, Economics.

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