Ford Motor Company (NYSE: F) was 12.97 points, losing -0.01 points (-0.12%) at the time. Ford continued volatile trading, despite the Obama positive statements. The American auto industry is on the way to ensure that the re-occupy the leading position in the world – Obama said yesterday.
PMI index in Chicago unexpectedly exceeded the projected figure for the first time since April, and reached 62.3, which, as noted BMO currency analysts, should provoke a surge of activity in the near future.
The Dow Jones Industrial Average along with the other U.S. stock indexes ended the day with another fall on the background of a weak data from the labor market yesterday. According to ADP, this June the private sector of the U.S. economy created only 13 thousand new jobsites although the analysts predicted there would be approximately 59 thousand of jobsites.
Dow Jones Industrial Average began to decline against the bad statistics. The level of support for the Dow index is falling by the minute. The US business activity index, which is calculated by Chicago Project Management Institute, fell to 59.1 points to 59.7 points this June according to the report published by the association today.
Today’s session at the Dow Jones Industrial Average and other leading U.S. markets opened with a small decrease in stock indexes. The DJIA opened at a minus of 0,16% to 9,854.86 points, the S&P 500 lost 0.06% to 1,040.57 points, Nasdaq Composite Index dropped to 0.12% to 2,132.58 points.
The main trend of Dow Jones growth was beaten at the end of the trading session on the U.S. stock market yesterday. Dow Jones Industrial Average stood at 10,190.89 points. Level of Dow index falling up 20.18 points, or -0.20%. Never the less, in a show of caution, U.S trader pulled some risk capital off the table, sending the DJIA lower by just 20.18 points to close at 10,190.89. In futures trading today, influenced by of gasoline prices in the U.S.:
Dow Jones industrial average starts the week of raising quotations on futures trading. Growth of Dow Jones would be extremely difficult due to the bad news from stock exchanges in Asia and the mixed dynamics on European stock exchanges. Investors believe in the Dow Jones industrial average, but refer to the index with caution. The overall growth rate of the index will be between 0,5-1%.
Dow Jones industrial average could not be a hero of the new week. Now trading in the stock market does not pass, but the forecast for the rest of the week remains relatively negative. On Friday, May 28, the U.S. stock markets are putting an end not only by the outcome of the day and week, but ending the month as a whole since Monday 31 May in the U.S. will be closed on the occasion of the Day of Remembrance for the victims in all the battles of American soldiers.
Market new products added to sufficiently revolutionary invention of Apple, which has both positive and negative aspects. Market introduction of the new invention from Apple – iPad has generated demand for accessories for it. The first, as often happens, in the wake of unmet demand started earning artisans, enthusiasts, now joined by major companies, writes The Wall Street Journal.
The second half of trading on the stock market, the U.S. remained in negative trend. Loss index continues to grow. Now Dow Jones Industrial Average slid down to the level of trading mid-week and is 10,140.48 points. The extent of loss of Dow Jones index is rising -118.51 points (-1.16%).