Ukrainian Globalist

Dow Jones Industrial Average will start bidding with minus about 0,5%, but by mid-session support for the Dow index would grow and DJIA will direct growth. Thursday, July 1 main U.S. stock market indexes have completed the session in the red area. Attention players fully focused on the state of the U.S. market, Europe’s problems on the backburner: single European currency strengthened against the dollar by more than 2%.

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As presented by General Motors Corporation this total car sales of this brand in the U.S. in June fell to 194 thousand from 223.8 thousand in May, year over year sales of cars General Motors in June rose by 10.7% against 16.6% in May.

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Dow Jones Industrial Average starts to grow at the trading in the U.S.. Stock market has new hope for good local statistics. Analysts expect growth of Dow Jones Industrial Average at 1.5% today. Meanwhile, sales of new cars increased in the U.S. in May by 19%, to 1.1 million units, and thus, the continuous growth in the market continued for the seventh consecutive month, according to data research firm Autodata Corp.

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Вulls took control of the situation in the first half of trading and kept plus to the very end. Dow Jones Industrial Average rose +226.27 points (2.26%). Dow Jones added growth to the level of 10,250.29 points. Several companies that are in blue chips rose by 5.3%. There was a fiasco for the bears today. The background for the growth was the data from the U.S. automotive market.

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Concern can get rid of one more passenger brand – brand Mercury – before the end of this year. The proposal to collapse of sales of cars under this brand will be considered at a board meeting Ford in July. Experts say the decision to close the brand Mercury can indeed be made in a short time – the demand for cars of this brand from its peak in 1978 fell five times: from 579 up to 92 thousand cars (in 2009). Last year, the brand Mercury occupied only 0.9 percent share of the North American market.

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Dow Jones Industrial Average may not hold +284.54 points (2.85%). Trading at the U.S. stock market began volatility. Today’s bid for Dow Jones began with a mark 10,258.99. The main task is to keep the result achieved.

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Predictions about the rising or falling Dow Jones Industrial Average are very vague and depend on many factors, anticipate these factors ahead of a very, very difficult, but possible. It is quite possible that the index Dow Jones Industrial Average set sights on a mark at 12 000 points by the end of the year and 13 000 points in 2011. The American stock market lies ahead rally. This opinion is shared by Peter Moric, a professor of business school named after Robert Smith at the University of Maryland and former chief economist of the International Trade Commission USA.

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LA Auto Show was full of car innovations. We have already told about new model of Ford Mustang V6 with superpowerful engine based on modified Twin Independent Variable Cam Timing. Porsche does not lag behind.

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Ford is going to present a new car model that will shake all auto industry. Ford Mustang V6 is expected to go to production in the 2011.

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