Ukrainian Globalist

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.

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DJIA avoids collapse, but the weak last data make a pressure. Weak housing data weighed on the stock market as investors awaited word from the Federal Reserve on its latest interest-rate decision and the outlook for the U.S. economy. The Dow Jones Industrial Average, which entered Wednesday’s trading on a two-day losing streak, held steady just after the open but recently turned lower, trading down 22 points, or 0.2%, to 10271, hurt by declines of more than 1% each in Caterpillar, Cisco, DuPont, Intel, General Electric, Chevron and Microsoft.

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Dow Jones did not keep the first onslaught of the bears and went into minus. Red Zone pulled Dow Jones Industrial Average as a magnet. At the time Dow Jones Industrial conducts trading in the stock market at the level of 10,256.72 points. The overall negative for the blue chip index was -36.80 points (-0.36%).

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Dow Jones Industrial Average showed a steady growth throughout the previous day, but keep the positive trend of the index failed. Dow Jones Industrial went into the red zone for an hour before the end of trading the stock market. Today will be a real test for the Dow index. The negative came from Asia, and was unpleasantly surprised nationwide statistics from the U.S.:

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