The DJIA: Bulls hope for record high tomorrow

Dow Jones Industrial Average gained 0.56% at the beginning of a new week

In brief: Dow Jones Industrial Average began the new week with a sure plus. Blue chips remained in the green zone.

The DJIA rose +56.53 points (0.56%), reaching the mark of 10,154.43 points today. U.S. stock market has proved bears force some companies, despite the fall in the Bank of America shares. Dow Jones Industrial Average will rise tomorrow, according to most analysts.

U.S. stocks closed broadly higher Monday, helped by some positive elements in the latest round of earnings reports, and other corporate reports showing business activity on the mend. The Dow Jones Industrial Average closed up 56.53 points, or 0.6%, to 10,154.43, led by a 2.7% rise in the shares of Intel Corp. and a 2.1% gain in Boeing Co. shares after the jetmaker announced new orders. The S&P 500 gained 6.37 points, or 0.6%, to 1,071.25, led by a 6% rise in Halliburton Co. shares after the oil services company’s earnings topped forecasts. The Nasdaq Composite rose 19.18 points, or 0.9%, to 2,198.23 points.

Ukrainian Globalist
2010-07-19 20:56, Economics.

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