The Dow Jones Industrial Average lost all hope of recovery is higher in early trading today. Sales begin in the first minute. Bank of America Corporation (NYSE: BAC) is 13.43 points, having lost -0.20 (-1.47%).
Dow Jones Industrial Average will start the day with a record low of 10,293.52 points. Dow Jones lost -148.89 points or -1.43% yesterday. Bidding on the Dow Jones futures are now in the green zone. At the opening of stock trading in the U.S. on June 23 is expected to increase the leading index in anticipation of the meeting of the Federal Reserve System (FRS) the USA to the basic discount rate. Fed is expected to retain a key discount rate in the range of 0-0,25% per annum.
Diesel fuel prices rise rapidly. The retail price of diesel motor fuel at petrol stations in the U.S. reached a maximum of three weeks. As at 21 June this year average per week at gas stations in the U.S. retail price of automotive diesel fuel (for all its types) was inclusive of taxes of $ 2.961 / gallon (approximately 78,2 cents / liter). According to the official statistics of the Ministry of Energy, the highest rate since May 31 this year.
Oil prices go into the minus. Quotes of the oil market on Thursday, June 17 on the basis of trades were closed with a decrease in value against the release of negative economic data. On the New York Stock Exchange New York Mercantile Exchange price of July futures for petroleum of mark Light Sweet decreased by 0.88, or 1.1%, and its price was 76.79 dollars per barrel.
Dow Jones Industrial Average lost -24.79 points or -0.24%. Falling Dow Jones impact on the mood of buyers of the world’s stock market. New challenges for Dow Jones came from the oil market. Commercial stocks of crude oil in the U.S. for a week from 5 to 11 June 2010. rose by 1.7 million barrels. and amounted to 363.1 million barrels., according to a report of the Ministry of Energy.
The positive trend will dominate at the Stock Market today. Trading on stock exchanges in Asia Wednesday, June 16, will likely show growth of quotations on a background in commodity prices, exchange rates, positive macroeconomic factors, and outcome of trades in the United States. Players will ignore new concerns related to the lowering of Moody’s sovereign rating of Greece.
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 exceeded the level of 10000 points. Growth of Dow Jones up +106.49 points (1.07%) and stood at 10,046.47 points in. Stock trades in the United States, signaled the beginning of the bearish trend in international stock exchanges. The main background for the growth of Dow Jones and other indices:
Oil prices have not been able to maintain a positive trend. Oil futures Brent and Light Sweet traded in negative zone below 73 dollars per barrel. At the moment the price of oil futures transactions were ($ / bbl.): Light, Sweet Crude Oil (July) – 72.36 (-0.22) with the range of quotations 71,76-72,94; IPE Brent Crude (July) – 72.60 (-0.11) in the range of quotations 72,06-73,10.
Oil futures Brent and Light Sweet today traded in the various vectors after the previous day on the NYMEX crude oil prices dropped by 0,6% – to 76.37 dollars per barrel. against a background of doubt about the stabilization mechanism of the EU the volume of nearly 1 trillion dollars.