Avoiding collapse: the DJIA, American Express (NYSE: AXP) and Berkshire Hathaway Inc. (NYSE: BRK.A) climb

The Dow Jones Industrial ready for bearish intrigues

In brief: The Dow Jones Industrial Average is to start major key trading. Investors believe in positive data, which are to be published later this week. American Express (NYSE: AXP) and Berkshire Hathaway Inc. (NYSE: BRK.A) catch a bullish trend

Monday brought a fresh supply of positive news to the markets. European stock indexes are rising. The Dow Jones Industrial, American Express (NYSE: AXP) and Berkshire Hathaway Inc. (NYSE: BRK.A) may grow by 1-1,5% today, the Open Knowledge analysts reported.

The Open Knowledge analysts reported that on Friday trading in the U.S. showed lateral trading dynamics. In the absence of major news publications, investors have been making play with the results of growth in the number of initial jobless claim applications, which contributed to limited sales in the market. At the same time, the S & P 500 was able to update its local minima, dropping below 1,070 points. In the aftermath of the trading session the S & P 500 fell 0.37% to 1071.7 points.

Anrey Torbinski
2010-08-23 12:52, Economics.

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