The DJIA: bears will attack rapidly by the end of trading

The DJIA continues its confident growth

In brief: The session at the US stocks continues in the green zone as the Dow Jones Industrial Average continues its confident growth along with the other leading indexes.

The session at the US stocks continues in the green zone as the Dow Jones Industrial Average started its confident growth along with the other leading indexes. The DJIA rose 1.99% by current time, followed by the S&P 500 that increased 2.16% and the Nasdaq that grew 2.35%.

Catterpillar shares increased 0.9% at the beginning of the trading despite the received profit of $1.09 per share turned out to be better than predicted. Analytics expected it to be only $0.85 per share. Travelers securities also grew 0.9% after the company published the most disappointing report among all the companies from the Top-30 today. The quarterly profit of the company decreased to $640 million or $1.35 per share compared to the $740 million profit of the last year. The experts forecasted the $1.59 per share profit. The other shares from the Dow Jones indexes also opened the trading in the green zone. Alcoa shares looked noticeably better market as they grew 1.8%, Amer express increased 1.8%, Bank of America rose 1.6%. Meanwhile, bears have the last chance to attack.

Olga Bespalova
2010-07-22 16:41, Economics.

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