US stocks today: the DJIA collapse continues

The US stocks today continue their attempts to get out of the red zone

In brief: The US stocks remain in the read zone as the DJIA continues to lower.

The US stocks today continue their attempts to get out of the red zone, though the Dow Jones Industrial Average still decreases, dropping 1.54%. The S&P 500 followed, decreasing 1.66% and the Nasdaq lowered 1.71%.

The AMR Corp. shares increased 1.3%. The company’s net profit for the second quarter of this year grew 16% to $5.7 billion. The losses for the reported period amounted $10.7 million compared to the $390 million of the previous year. Compensated losses per share amounted $1.14. The investors are also expecting the report of the US Federal Reserve Chairman Ben Bernanke about the results of the implementation of the national money-and-credit policy in the first half of this year.

Olga Bespalova
2010-07-21 19:08, Economics.

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