The Dow Jones Industrial Average along with the other leading U.S. indexes continue to demonstrate positive tendency during the first half of today’s trading at the major U.S. stocks. The investors are apparently relying on the financial results of the U.S. companies, ignoring even the decrease of Portugal’s rating by the Moody’s agency.
Today’s session at the major U.S. stocks opened with nearly 1% increase in the Dow Jones Industrial Average along with the other stock indexes. Such reaction was caused by the positive Alcoa report that managed to surpass all analytics’ expectations. Though the report was published yesterday after the end of the trading, it was enough to overthrow today’s macroeconomic statistics that turned out to be seriously worse than predicted.
Today’s trading at major U.S. stocks began with a confident growth of Dow Jones Industrial Average along with the other indexes. The DJIA grew 0.97% or 9,780.34 points from the beginning of the trading. The S&P followed, increasing also 0.97% or 1,032.49 points, the Nasdaq rose 1.5% or 2,123.38 points.