The DJIA continues to decrease despite the positive forecasts

The DJIA falls despite the positive predictions

In brief: The DJIA continues to decrease as the session goes on.

The growth of the Dow Jones Industrial Average along with the other leading U.S. indexes was expected during the first part of today’s session. The U.S. stock indexes future were trading in the green area all day, reaching their maximum levels in the first half of the day.

The optimism of the investors was also caused by the positive reports from the European and the U.S. stocks. For example, the ASML Holdings report stated that the profit of the company for the first half of the year was 346.5 million euro against the losses of the previous year. Such positive statistics affected the indexes and during the premarket the DJIA rose 0.16%, the S&P 500 grew 0.08% and the Nasdaq increased 0.47%. Though the beginning of the session shown that the predictions were incorrect so far as the Dow Jones index decreased 0.23% or 23.92 points by current time.

Olga Bespalova
2010-07-14 14:04, Economics.

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