The DJIA collapsed despite the promising start

The DJIA decreases, dragging the other leading indexes along

In brief: Today's trading at the US stocks opened in the green zone but now the indexes are falling.

Today’s trading at the US stocks opened in the green zone as the Dow Jones Industrial Average increased right from the beginning along with the other leading indexes. The indexes were affected by the reports of the American companies that turned out to be much better than expected. But the growth of the dollar before the beginning of the session testified the decrease of European investors’ interest to the risk that also might affected the attitude of American investors. The DJIA decreased 0.08% by current time, the S&P 500 fell 0.36% and the Nasdaq lowered 0.68%.

Meanwhile, most of the securities from the Dow Jones indexes opened the trading with the modest increase. Boeing shares increased 1.3%, Alcoa shares grew 1.1% and Bank of America shares rose 1%. The Coca-Cola capitalization increased 0.6% after the publishing of company’s quarterly report. According to this report, Coca-Cola net profit amounted $2.37 billion or $1.02 per share compared to the last year results of $2.04 billion or 88 cents per share. The earnings anointer $1.06 per share while the analytics expected it to be $1.03 per share.

Olga Bespalova
2010-07-21 15:11, Economics.

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