The Dow Jones Industrial Average catches a bullish trend. Oil prices have helped Halliburton Co. (NYSE: HAL) as well. At the same time, investors believe in the positive trend early next week.
The Dow Jones Industrial Average continues to the U.S. stock market trading in the green zone. The DJIA rose to 10,681.72, gaining +28.16 (0.26%) after falling on Friday. Alcoa Inc. (NYSE: AA) is growing from the start bidding.
Reports of the past quarter were published by the Altria Group Inc., EBay, EnCana Corporation, Fiat SpA, Freeport McMoRan Copper & Gold, GlaxoSmithKline, Hynix Semiconductor Inc., Starbucks, Tele2 AB, Telenor ASA, The Coca-Cola Company, Wells Fargo & Company. EnCana Corporation surprised analysts ordinary fluctuations in profits. EnCana Corporation was able to keep from falling and was 32.87 points, losing -0.03 (-0.09%).
Dow Jones fell by 120 points (-1.19%), the index of Nasdaq – by 22.75 points (-1.24%), the index S & P – by 12,4 points (-1.16%). At the opening of stock trading in the U.S. occurred lowering the leading indexes. Dow Jones Industrial Average continues to lose about 0.1% every 5 minutes. On today’s crash showed the dynamics of futures on the leading stock market indicators are showing a decrease of more than 1%. Negative impact on investor sentiment affects the latest statistical news on the Chinese economy. According to specified data research organization Conference Board, the index of leading economic indicators rose in China in April at 0.3% rather than 1.7% reported earlier this month, causing uncertainty about the stock market players in the pace of recovery largest economy Asia.
Dow Jones Industrial Average was unable to contain the onslaught of the next bear flocks. Drop in U.S. stock market began with the Dow Jones and moved to the other – namely, the Standard & Poors and Nasdaq. At the opening of stock trading in the U.S. on May 25 is expected to decrease in leading indexes. In the quotations will be pressure new fears of investors in connection with the debt problems of countries of the Old World. At this point in time quotations of futures for the Dow Jones index fell by 227 points (-2.26%), the index S & P – at 27.7 points (-2.59%), the index of Nasdaq – by 39.25 points (- 2,17%).