Dow Jones Industrial suffers from the new fiasco today

Dow Jones Industrial fell into the abyss of bad statistics

In brief: Dow Jones Industrial continued forward movement down to its lowest level in recent weeks. Consumers turn away from the Dow index.

U.S. stock market – the indices continue to decline, Dow Jones Industrial trying to avoid another fiasco in the background of mixed statistics. Index broad market Standard & Poor’s 500 is trading with a decrease at 0.59% on a mark to 1,088.83 points, the light blue-chip Dow Jones Industrial Average decreased 0.29% to a level of 10,262.97 points and the index of high-tech Nasdaq Composite traded in a minus on 0,56% at around 2,249.04 points.

Leaders in the fall of the Dow Jones by mid trading session began the company General Electric, Chevron, Microsoft and DuPont, have been taken down from its asset 1,46%, 1,72%, 1,68% and 1,25% respectively. As a result, reduce the cost of copper and gold mining company quotes Freeport-McMoRan Copper & Gold dropped to 2.13%. News from the American software developer Adobe Systems disappointed investors. It is expected that revenues in the third quarter will be $ 950 million – $ 1 billion, while analysts on average forecast the index value at $ 962 million As a result, shares of Adobe weakened by 6.36%. Net profit of U.S. technology provider Jabil Circuit on the basis of activity in the third quarter exceeded the average market expectations. With the exception of some articles of earnings per paper to 40 cents against 33 cents expected by analysts, which affected 9.9% more expensive shares Mr. Jabil. Paper world’s largest manufacturer of tobacco products, Philip Morris International have become stronger on 3,62% against the expected growth in earnings per share on the basis of the current year by approximately 14-17%. Quotes of IBM left in plus on 0,41% after its representatives reported that sales in Latin America will grow this year, faster than the GDP of the region by increasing demand in Chile, Colombia and Peru. Futures for Brent crude have fallen in price on 2,4% to $ 76.16 per barrel. Gold prices declined by 0.64% to $ 1 232.89 per troy ounce. Currency pair EUR / USD traded with a decrease to 0.24% to 1,224, and USD / JPY – in a minus on 0,46% to 90.06.

Igor Tringlers
2010-06-23 17:04, Economics.

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One comment к “Dow Jones Industrial suffers from the new fiasco today”

  1. Me Says:

    Why is it that you never point out the positives??

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