Google Inc. (NASDAQ: GOOG) continues to catch the bearish trend. Google Inc. shares fell to 488.00 points, down -4.01 (-0.82%). Apple Inc. (NASDAQ: AAPL) shares stopped at 250.29, losing -1.50 (-0.60%). NASDAQ recovery can occur in late trades – analysts say.
Asia’s largest producer of semiconductors, flat-screen televisions and mobile phones Samsung Electronics (LON:SMSN) said that profit in the second quarter increased by 83% to a record due to the increased demand for microchips for computers.
The DJIA is kept at the level of 10,335.69 points, the total purchase amount +215.16 (2.13%). Dow Jones Industrial Average may reach 3% in the green zone, but the bulls began to fear a setback and collapse at the end of trading today. At the same time, the leading U.S. phone company AT & T announced an increase in quarterly profit to $ 3.2 billion a year earlier to $ 4.02 billion and its earnings excluding certain items reached 61 cents, up to 4 cents surpassed the expectations of most analysts. As a result, quotes AT & T rose to 3.13%.
Ben was unable to prevent the growth of Dow Jones Industrial Average today. The DJIA is at 10,314.43 points, gaining +193.90 (1.92%) since the beginning of the trading session. Bristol-Myers was marked record growth today. Meanwhile, at yesterday’s hearing in the U.S. Senate Federal Reserve head Ben Bernanke clearly signaled to lawmakers that talked about the victory over the recession is premature. Describing the current economic moment, the main financier of America used the phrase unusual uncertain, which can be translated as extraordinary uncertainty.
Who needs a weak yuan? What will the exchange rate between the dollar? Technology companies deftly move production around the world only to find the most favorable conditions for himself. Apparently, now they have to make the next leap forward in this direction. Bank of China on Saturday announced that he intends to continue the reform of exchange rate policy and increase the flexibility of RMB exchange rate. In a statement posted on the bank’s Web site states that the established boundaries of fluctuations yuan (0,5% per day) remain unchanged. At the same time the Central Bank intends “to focus on the reflection of market demand, taking into account a basket of currencies”.
Dow Jones Industrial Average close to the mark of 10,469.69 points. Dow Jones Industrial seeking growth +35.52 points (0.34%). At the moment of time S & P is on 1.39 points (-0.12%) – up to 1,114.86 points , index Nasdaq – on 2.49 points (-0.12%) – up to 2303.91 points. Stock trades in the U.S. on June 18 opened a decrease in the leading index in anticipation of expiration of options and futures on stocks and indices. In this regard, traders expect that the session today was formed rather calm and volatility observed in the previous days, some will fall. In addition, there is no statistical data on the U.S. economy, which could make substantial changes in the dynamics of quotations on American stock trades.
Dow Jones Industrial Average climbs close to the mark of 10,312.72 points. The day brought the Dow Jones plus + 121.83 (1.20%). Dow Jones Industrial Average gives the bulls hope for a successful trading week. At the same time, the bulls on the Dow index concerned about news from Europe. The Old World has shown mixed dynamics today, and the threat of defaults remains:
The main negative left the U.S. stock market with a bearish trend after it became aware of avoiding default in Hungarian. Dow Jones Industrial started to recover all losses to date. Now Dow Jones index is 10.160 points. The fall has stopped and started the strongest growth. So, the news from Hungary: