Wall Street: results of Friday’s trade

Dow Jones index has been reduced

In brief: JP Morgan Chase & Co financial results has shaken the US stock market.

The US stock market has started trades this Friday from falling down right after the publication of the results of JP Morgan Chase & Co. Bank’s reports do not satisfy its investors.

Reuters informs that Dow Jones index has been fallen on 0.12% to 10.697.70 points, Standard & Poor’s 500 – on 0.07% to 1.147.71 points while Nasdaq Composite has moved higher on 0.18% to 2.320.91 points. The results of the second largest assets bank of the USA have not justified the expectations of the analysts and have caused the cheapening of the Bank of America Corp and Wells Fargo & Co shares.

Maria Velikanova
2010-01-15 15:45, Economics.

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