The DJIA and Bank of America Corporation (NYSE: BAC) are under the bearish power
The Dow Jones Industrial ass in the red zone
In brief: The Dow Jones Industrial Average lost about 1% of the reduction of the banking sector shares. Bank of America Corporation (NYSE: BAC) lost 1.5%.Bank of America Corporation (NYSE: BAC) is close to the boundary mark of 13.69 points, losing -1.55%. The Dow Jones Industrial Average was 10,602.78 points, declining to -95.97 points (-0.90%) in the middle of the auction.
Bears feast on the background of the decision the Fed expectations. The total U.S. stock market trading remains low. Bullish trend, which began a few weeks ago, stayed in the past and may return only at the beginning of next week – see the Open Knowledge analysts. At the same time, the dollar exchange rate strengthened against the single European currency decline. Oil remains at the flat.
Igor Tringlers2010-08-10 15:37, Economics.
News on: Bank of America Corporation, banks, DJIA, Dow 30, oil, stock markets, United States, US Federal Reserve, usa