The DJIA collapsed: Verizon Communications (NYSE: VZ), General Electric (NYSE: GE) and 3M Company (NYSE: MMM)

DJIA declines by 2%

In brief: The Dow Jones Industrial Average continues to lose support from the bulls. Verizon Communications Inc. (NYSE: VZ), General Electric Company (NYSE: GE) and 3M Company (NYSE: MMM) shares are falling sharply.

Verizon Communications Inc. (NYSE: VZ) drops to 29.62 points, losing -0.40 (-1.33%). General Electric Company (NYSE: GE) is 15.68 points, a decrease of -3.51%. 3M Company (NYSE: MMM) went up to 84.29 points, collapsed at -2.82 (-3.24%).

The Dow Jones Industrial Average remains at 10,418.04 points. Dow index fell by -226.21 points (-2.13%) in the second half of the auction. U.S. stock market continued fever. Blue chips roll down. In addition, the U.S. Department of Energy has published data on the change of oil and petroleum products in the last week: Crude oil – fell by 2.99 million barrels was expected 2 million Gasoline – an increase of 400 thousand barrels expected 500 thousand. Petroleum products – increased by 3.5 million barrels, 1.7 million expected. Use of production capacity was 88.1%, expected 90.7% .. Current demand for petroleum products fell by 65 thousand barrels / day and is 3.4 million bbl / day .. Current demand for gasoline fell by 240 thousand barrels / day and is 9.24 million bbl / day.

Anrey Torbinski
2010-08-11 17:50, Economics.

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2 comments к “The DJIA collapsed: Verizon Communications (NYSE: VZ), General Electric (NYSE: GE) and 3M Company (NYSE: MMM)”

  1. insiderater Says:

    and also the real estate market

  2. GE stock Says:

    Are you bullish? read article below … you wouldn’t like it if you a bearish, but he has a point.

    http://www.stocksavenue.com/?p=580

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