Alcoa Inc. (NYSE: AA) and JPMorgan Chase & Co. (NYSE: JPM) pull the DJIA down

The Dow Jones Industrial does not fall below 10.618

In brief: The Dow Jones Industrial Average losing point by point against the background of Alcoa Inc. (NYSE: AA) and JPMorgan Chase & Co. (NYSE: JPM) sales.

The Dow Jones Industrial Average lost about -0.75%. The DJIA stood at 10,618.37 points. Alcoa Inc. (NYSE: AA) and JPMorgan Chase & Co. (NYSE: JPM) are reduced very quickly. Alcoa Inc. (NYSE: AA) fell to 11.25, losing -3.52%, JPMorgan Chase & Co. (NYSE: JPM) found himself below 40 points, losing -1.03%.

U.S. indexes rose yesterday, within 0.5% amid expectations the Federal Reserve taking a new package of incentives aimed at maintaining growth slows the U.S. economy. According to several representatives of the Federal Reserve there is a high probability that the U.S. economy may face recession in the next two years, apparently to force the Fed to go to the softening of monetary policy, and pumping an additional portion of the liquidity markets. This policy threatens to further widening of the structural imbalances, but de facto it has few alternatives, at least until until the U.S. economy is not poised for a slow but steady recovery.

Anrey Torbinski
2010-08-10 16:00, Economics.

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