The DJIA mired in the red swamp, Costco Wholesale Corporation (NASDAQ: COST) shares continue to fall

The Dow Jones Industrial goes into the red

In brief: The DJIA goes into the red, Costco Wholesale Corporation (NASDAQ: COST) shares continue to fall

The DJIA lost -0.37% and catches the bearish trend. The Dow Jones Industrial is 10,641.38 points at the moment. At the same time, Costco Wholesale Corporation (NASDAQ: COST) disappointed investors bad records. Costco Wholesale Corp. at the level of 56.44 points, losing 1.67%.

U.S. retailers’ results for July came today. Despite the good general statements (the exception being only the operator of supermarkets JC Penney, comparable sales of which fell in July to 0,6%), shares of the consumer sector have shown mixed dynamics. So, quotes, Costco Wholesale, Nordstrom, Saks and JC Penney slid down on 1,66%, 1,35%, 0,58% and 6,01% respectively, and the paper Target, Gap, Kohl’s and Abercrombie & Fitch strengthened to 2.39%, 1.41%, 3, 35% and 2.11% respectively.

Ukrainian Globalist
2010-08-05 17:08, Economics.

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2 comments к “The DJIA mired in the red swamp, Costco Wholesale Corporation (NASDAQ: COST) shares continue to fall”

  1. idiots in charge Says:

    I hope that these nut cases are playing with their own money. Their observations are worse than their English.

  2. e- dealer Says:

    Yours is a fabulous article. It is very interesting.

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