Dow Jones Industrial Average: Eurozone threatens to collapse

Dow Jones Industrial Average: growth continues, but threat remains

In brief: The high level of support from the bulls gives new chances Dow Jones Industrial Average for further growth.

Dow Jones Industrial Average is close to a mark of 10.350. At the moment Dow Jones is at the level of 10,349.15 points. The total gain for the Dow Jones is +158.26 (1.55%) today. On the situation in the U.S. stock market may affect the negative statistics from Europe: Indicator of economic sentiment in the euro area based on German research institute ZEW in June fell to 18.8 points (expected to increase to 39.0 points) with 37.6 points in May.

Also, the world’s largest management company, whose shares are traded on the Stock Exchange, Man Group said it did not intend to enter into large-scale mergers and acquisitions since the acquisition of GLG Partners. Recall that last month Man Group has agreed to pay $ 1.6 billion for GLG Partners. At the same time representatives of the company do not exclude that in the near future are possible deals in the Asia-Pacific region. Mixed news came from the U.S.: According to the National Association of Housing and construction companies in the U.S. (NAHB), building market index in June fell to 17 points (expected 21 points) with 22 points in May.

Anrey Torbinski
2010-06-15 18:10, Economics.

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