Pfizer Inc. (NYSE:PFE) and Merck & Co., Inc. (NYSE:MRK) save DJIA today

Pfizer climbs as DJIA aims higher

In brief: Pfizer Inc. (NYSE: PFE) and Merck & Co., Inc. (NYSE: MRK) are flagships for the blue chip index. The Dow Jones Industrial Average may get out of the red today.

Pfizer Inc. (NYSE: PFE) shares continue to rise in price. Pfizer Inc. of 16.53 points, gaining +0.11 (0.70%). The second leader is Merck & Co., Inc. (NYSE: MRK). Merck & Co. shares climb up 35.96 points, gaining +0.60 (1.68%).

The Dow Jones Industrial Average remains in the red zone, but the losses are reduced. Dow index was 10,682.78 points. Blue-chip index lost -15.97 (-0.15%), with the opening of U.S. stock market trades. Bulls begin actively to increase trading volumes, which leads to unexpected results. At the same time, according to preliminary data, labor costs per unit of output in the U.S. in the 2 nd quarter increased by 0.2% with the expected 1.5% decline in the 1 st quarter revised from 1.3% to 3.7%.

Igor Tringlers
2010-08-10 18:50, Economics.

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