Dow Jones Industrial Average continues to fall

Dow Jones IA is waiting for a new collapse

In brief: Dow Jones Industrial Average weakens, his salvation in the previous trading does not happen again today, after opening the index plummeted.

Dow Jones Industrial Average was unable to withstand the pressure of bears and collapsed after a recent growth to the new minimum. All shares that make up the TOP-30 also opened tenders if the signal is reduced. The leaders began to rally aluminum producer Alcoa, lost 2.8% of market value and manufacturer of heavy construction equipment Caterpillar – 2,4%.

Furthermore, much worse than the market opened trading securities Bank of America, which in the first minute session cheaper at 1,4%, JPmorgan Chase – by 1,2%, Boeing, DuPont and Microsoft – to 1%, GE – by 1,2 %, Intel – on 1,3%, Merck & co – on 1,3%. Today in the U.S. is not expected to release macroeconomic statistics. Toward the end of the session will be published quarterly reporting record Walt Disney, whose shares are included in the index Dow. In this case the negative dynamics of the market, largely due to falling world stock and commodity platforms, observed after takeoff yesterday, quotations on the full range of assets. At this time, the Dow was down 0,6%, S & P 500 – on 0,72%, Nasdaq – on 0,88%. A pair of euro-dollar has lost 0,45%, bargaining at around $ 1,273 per euro. Futures contract on Brent crude moved to the green side, showing an increase of 0,35% to a mark of $ 81.52 per barrel.

Ukrainian Globalist
2010-05-11 14:31, Economics.

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