The DJIA will continue to increase against the background of certain positive trends in the manufacturing sector. is optimistic. Dow Jones Industrial help and statements of officials on the upcoming release of the U.S. economy out of recession. Among blue-chip Dow index pleases General Electric Co.
Dow Jones Industrial Average continues to remain in the red zone, despite the growth of Verizon Communications Inc shares. The main trouble for the DJIA began after General Electric Co to reduce by 1% and the collapse of American Express Co.. The Bank of America Corp. loses -1,318% after reporting bad banking sector.
Dow Jones Industrial Average has failed to keep, plus 1%, but still trades above 10,000 points. Now Dow Jones Industrial Average gained +27.05 (0.27%) and returned to a mark of 10,070.80. Stock trades in the U.S. opened on May 26 the growth of leading indexes, whereas since the beginning of the week stock indicators dropped incessantly. Other stock market indexes are: Index S & P – at 180.93 points (1.57%) – up to 11,699.01 points, the index of Nasdaq – by 32.94 points (1.49%) – up to 2,243.89 points. Thus, as predicted, there was a technical rebound upwards. The positive trend emerged before, when opened in a minus, the Exchange to its closure were still able to play most of the losses.
Dow Jones Industrial Average went up for sale with confidence in victory. Analysts and market experts said that today will be the loan for the Dow Jones index. New trading hours blue chips overcame obstacles and grew by more than 0,5%. This fact has become a signal for the bulls. Wall Street opens growth indices after many days of sales and on the background of encouraging statistics on orders for durable goods.
Following the significant growth indices in the EU optimism came on the American stock market. An hour after the opening of the trading Dow Jones index rose by 361.40 points (3.38%) – up to 10,741.83 points, the index S & P – at 42.68 points (3.84%) to 1153.56 points, the index Nasdaq – by 95.11 point (4.20%) and amounted to 2,360.75 points.