The DJIA rally: Bank of America Corporation (NYSE: BAC) or JPMorgan Chase & Co. (NYSE: JPM)?

Dow Jones will try to rise rapidly

In brief: Bank of America Corporation (NYSE: BAC) and JPMorgan Chase & Co. (NYSE: JPM) may begin to rally against the backdrop of favorable data. The Dow Jones Industrial Average will start trading in the green zone.

Bank of America Corporation (NYSE: BAC) and JPMorgan Chase & Co. (NYSE: JPM) are not relevant to a reliable blue chips, but the U.S. banking sector is gradually stabilizing. The DJIA goes up for sale in a good mood – the analysts say.

The Dow Jones Industrial Average was around 10,303.15 points, losing -16.80 (-0.16%) at the end of Friday trading. Bear market trend is captured in the second half of the trading session and did not let up to the end. Nevertheless, Bank of America Corporation (NYSE: BAC) shares rose to 13.23 points, gaining +0.17 (1.28%). JPMorgan Chase & Co. (NYSE: JPM) approached the mark of 37.50 points, down -0.31 (-0.82%). Start the new week will be difficult, but probably positive for the banking sector – the Open Knowledge analysts believe.

Igor Tringlers
2010-08-16 11:49, Economics.

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One comment к “The DJIA rally: Bank of America Corporation (NYSE: BAC) or JPMorgan Chase & Co. (NYSE: JPM)?”

  1. Larry Says:

    To much bad news today for this to happen, red will be everywhere.

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