DJIA may crash in the very end as Du Pont (NYSE: DD) and Intel Corp. (NASDAQ: INTC) aim lower

The Dow Jones Industrial Average stands at flat

In brief: E.I. du Pont de Nemours & Company (NYSE: DD) and Intel Corporation (NASDAQ: INTC) lost a foothold in the background of a negative trend. The Dow Jones Industrial traded in the red.

E.I. du Pont de Nemours & Company (NYSE: DD) is close to 40.29 points, losing -0.48 (-1.18%). Intel Corporation (NASDAQ: INTC) was 19.40 points, down -0.05 (-0.26%). The Dow Jones Industrial Average is trading around 10.312 points.

The Dow Jones Industrial lost more than -0.08% in the first half of the trading session. Before the U.S. stock market trades were published inflation data for July, which partially were better than forecasts. Thus, the consumer price index excluding food and energy (including seasonality) rose in July at 0.1%, as expected. Growth of retail sales amounted to 0,4% with a projected increase to 0.5%, while the consumer price index taking into account the seasonality has increased by 0,3% with the expected increase by 0,2%.

Anrey Torbinski
2010-08-13 16:12, Economics.

News on: , , , , , , , , ,

Post a comment