Bulls no longer nervous and are trading with confidence. Dow Jones Industrial gained about 1% after a slight fall in early trading today. DJIA made a stop at the mark of 10,413.50 points, taking with bears +91.20 points (0.88%). JPMorgan Chase & Co becoming more expensive to 1,067% after early fall.
S & P 500 index remains weak and is not growing today. The level of support for the S & P 500 is still very low. Today’s trading on major U.S. markets have opened in the red zone. Dow Jones Industrial Average fell by 0.1% to 10,316.17 points, the S & P 500 lost 0.3% of the value, having fallen to a mark at 1,090.82 points. The DJIA went into the green zone 20 minutes ago, gaining +8.32 points (0.08%).
The session at the US stocks continues in the green zone as the Dow Jones Industrial Average started its confident growth along with the other leading indexes. The DJIA rose 1.99% by current time, followed by the S&P 500 that increased 2.16% and the Nasdaq that grew 2.35%.
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Today’s trading at the US stocks opened in the green zone as the Dow Jones Industrial Average increased right from the beginning along with the other leading indexes. The indexes were affected by the reports of the American companies that turned out to be much better than expected. But the growth of the dollar before the beginning of the session testified the decrease of European investors’ interest to the risk that also might affected the attitude of American investors. The DJIA decreased 0.08% by current time, the S&P 500 fell 0.36% and the Nasdaq lowered 0.68%.
The DJIA rose +56.53 points (0.56%), reaching the mark of 10,154.43 points today. U.S. stock market has proved bears force some companies, despite the fall in the Bank of America shares. Dow Jones Industrial Average will rise tomorrow, according to most analysts.
The DJIA stood at 10,154.43 points, gaining +56.53 points (0.56%). During the bidding rise Dow index exceeded 0.9%, but the bad news from the Bank of America stopped the growth of Dow Jones Industrial Average.
Dow Jones Industrial Average began trading the U.S. stock market briskly and confidently. But then came the bad news for The DJIA from the banking sector. Dow Jones Industrial Average is at 10,147.85 points mark, picking up +49.95 points (0.49%). U.S. stock market traded in a weak positive territory in the first half of the session. Technical indexes rebound after a sharp decline last Friday, could not realize due to the negative data from the housing market: in July, the index of real estate market NAHB has fallen to 14 points from 17 points in June.
The Dow Jones Industrial Average ended last week with the rapid decrease as it fell below 261 points by the end of Friday trading. The negative macroeconomic statistics along with the bank reports that turned out to be much worse than expected were the reasons of such rapid fall that happened for the first time this month. Bank of America lost approximately 9% and American Express, General Electric and Cisco Systems decreased over 4%.
The Open Knowledge analysts express confidence in the good prospects (reaching 10 300 points) for the Dow Jones Industrial Average today. The level of support for the bulls Dow index rising. Trading The DJIA futures trading began with the steady growth of up to 0,36%. Analysts believe that the absence of bad statistics provides excellent opportunities for the U.S. stock market today.