Green DJIA could catch the record high today as bears leave the battlefield

The trading at the US stocks continues in the green zone

In brief: The DJIA continues to grow as the trading at the US stocks goes on.

The trading at the US stocks started in the green zone today as the Dow Jones Industrial Average continues to increase along with the other leading indexes. Affected by the corporative news and economic statistics from the US Department of Labor, the DJIA grew 1.92% recently, followed by the S&P 500 that rose 2.39% and the Nasdaq that increased 2.21%.

The US Department of Labor published an important statistics today at the beginning of the current trading session. According to the statistics, the number of demands about the unemployment benefits grew 37 thousand this week compared to the last week results. The number of demands amounted 464 thousand while the analysts expected it to be only 445 thousand. The average number of the primary demands about the unemployment benefits increased 1,250 during the last four weeks compared to the result of the previous four-week period. Dow index could rise to the weekly record high today, the experts say.

Olga Bespalova
2010-07-22 14:41, Economics.

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