Dow Jones Industrial Average began the day with new tests

Dow Jones Industrial Average did not receive support from the local statistics

In brief: Bears continue their pressure on the Dow Jones Industrial at the beginning of trading on the U.S. stock market today.

Dow Jones Industrial Average showed a steady growth throughout the previous day, but keep the positive trend of the index failed. Dow Jones Industrial went into the red zone for an hour before the end of trading the stock market. Today will be a real test for the Dow index. The negative came from Asia, and was unpleasantly surprised nationwide statistics from the U.S.:

U.S. drugstore chain Walgreen reported on net profit for the third quarter ending May 31 with a $ 463 million, or 47 cents a share, compared with $ 522 million, or 53 cents per share a year earlier. Sales for the period under review rose by 6.1% to $ 17.2 billion, analysts on average expected earnings at 57 cents a share and revenue of $ 17.4 billion, also yesterday, in anticipation of starting a weekend summit of G20, governing structure U.S. published its recommendations on compensation practices of management of financial corporations. Their goal, according to the promulgated earlier statement the Fed – which will monitor compliance with these instructions – to balance income investment management corporation in accordance with accepted these structures risk investments. In the run-up scheduled for Wednesday publication of the June meeting of the Fed “bulls” of the market shares of record profits. Nevertheless, premature to talk about the beginning of active sales, such as those that were recorded last month. Indicators of market risk and volatility remain relatively favorable for the sector investment in risk “levels. The market keeps rising weekly trend, however, the risks accompanying its development in terms of the near future, look relatively high.

Anrey Torbinski
2010-06-22 14:12, Economics.

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