Dow Jones Industrial Average: today is the day of bullish victory

Dow Jones Industrial Average wins back all the negative

In brief: Dow Jones Industrial beginning to bulls can manage today's trading on the U.S. stock market. Positive data of the U.S. statistics made investors happy.

Dow Jones Industrial Average has an opportunity to play a big minus, which has grown over the past trading days. Now Dow Jones is a mark of 10,127.56 points. Growth Dow Jones index exceeded 1%. As a result of trading on June 1 2010. Dow Jones index dropped by 112.61 points (-1.11%) – up to 10,024.02 points. Similar dynamics of quotations has been associated primarily with an external negative background and geopolitical tensions: adversity persists on the Korean peninsula and the Middle East. Earlier it was reported that the Israeli Air Force planes have been attacking the Lebanese military during a reconnaissance mission over Lebanon.

Meanwhile, investors’ attention will be focused today on developments in the domestic economy. Players of the stock market, in particular, expect a report of the National Association of Realtors U.S. uncompleted sale on the secondary housing market of the country in April this year, which may indicate a restoration of the American economy. Favored there might be bidding for the world’s largest biotechnology company Amgen Inc. after the U.S. Office of Federal oversight of the Food and Drug Administration U.S. Department of Health has approved the company’s drug treatment of diseases of bone tissue. We note that the company is part of the index of Nasdaq. Listen can investors and analysts to the recommendations of UBS AG, which raised their recommendations on the shares of JP Morgan Chase & Co. For a similar reason may rise in price and securities financial-industrial Joy Global Inc. (The company is also part of Nasdaq). An impact on the trades may have information that the British insurance company Prudential suggested that the American insurance group American International Group (AIG) to cancel a deal to buy AIG Asian business of life insurance – American International Assurance (AIA) – for 35.5 billion dollars . According to the report Prudential, an agreement on the deal, likely to be terminated. As of 16:20 Moscow time futures quotes on the Dow Jones index rose by 47 points (0.47%), the index S & P – at 5.4 points (+0,5%), the index of Nasdaq – at 14,25 points (0.78%).

Ukrainian Globalist
2010-06-02 17:09, Economics.

News on: , , , , , , , , , , , , , , , , , , , , , , , , ,

Post a comment