The DJIA to avoid collapse, but is doomed to volatility as the Bank of America Corporation (NYSE: BAC) continues to climb higher

Dow Jones Industrial Average is losing and gaining moderately

In brief: Dow Jones Industrial Average: Bulls can not find his game. Bears do not give increased trading volumes, the session remains volatile. Bank of America Corporation (NYSE: BAC) is rising.

Trading volumes U.S. stock market remains low. Dow Jones Industrial Average remains at a low level of support. In the first minute session DJIA index added 0.39% to 10,567.46 points. Leader of growth in the first minutes of trading were Bank of America shares went up by 3,2%. In addition, the capitalization of Alcoa rose by 1,3%, GE – by 1,2%, Pmorgan Chase – by 1,6%. Bank of America Corporation (NYSE: BAC) is 14.31 points, gaining +0.16 (1.10%).

Today’s auction of leading U.S. markets began with the growth of stock indices. S & P 500 rose by 0.36% to 1,119 points, Nasdaq Composite Index rose 0.42% to 2,306.14 points. Dow index began to fall to zero in the middle of the session. Undisputed growth leader at the opening session were shares of chemical concern DuPont, soaring to 5.1%. Today, DuPont has published data from quarterly reporting, according to which the profit of the group totaled $ 1.17 billion, or $ 1.26 per share, compared with $ 417 million or 41 cents a share a year earlier. Except for special items, earnings per paper reached $ 1.17 against the expected 93 cents by analysts. At the same time, DuPont earnings climbed 25.6% to $ 8.62 billion, while analysts had expected $ 8.27 billion.

Anrey Torbinski
2010-07-27 18:14, Economics.

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