Poor DJIA: Bank of America (NYSE:BAC) climbs higher as Johnson & Johnson (NYSE:JNJ) down
US Stocks - Dow index is volatile
In brief: The Dow Jones Industrial Average did not have time to gain a foothold in the green zone. Bearish trend covers U.S. Stocks. Bank of America Corporation (NYSE: BAC) and Johnson & Johnson (NYSE: JNJ) lose in price.US Stocks are volatile today. The Dow Jones Industrial Average is trying to hold on to the green zone, but the bad news had led investors to sell. Banking sector stocks remain at the mercy of the bulls.
Bank of America Corporation (NYSE: BAC) is in the green zone, closer to 13.23 points. Bank of America Corp. gained +0.17 points (1.28%) in the first half of the trading session. At the same time, Johnson & Johnson (NYSE: JNJ) is losing a foothold in the background of falling demand. Johnson & Johnson shares fell to 58.11 points, losing -0.41 (-0.70%) for the first two hours of trading. The experts say, that US recession may break the FED defense and banking sector will fluctuate. But the Bank of America Corporation will survive anyway.
Ukrainian Globalist2010-08-13 15:30, Economics.
News on: Bank of America Corporation, banks, Dow 30, Johnson & Johnson, stock markets, United States, US Federal Reserve, usa