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.
Alcoa Inc. (NYSE: AA) is 11.23 points, down -0.43 (-3.73%) for the trading session the first half. The Dow Jones Industrial revolves around 10,600, losing -96.05 points (-0.90). The main problem for the U.S. economy is the new data from China.
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%.
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 did not fall throughout the trading session today. Investors look confidently into the future. Stock trades in the U.S. opened a sharp rise of the leading index, while the previous trading session had closed the Dow Jones falling below the psychological mark of 10,000 points. Toward the middle of the trading the Dow Jones index rose 208.96 points (2.09%) – up to 10,183.51 points, the index S & P – at 171.34 points (1.48%) to 11,715.24 points, the index Nasdaq – by 59.19 points (2.7%) to 2,255.07 points.
Stock trades in the U.S. opened 12 May 2010. with significant increase in the two indexes – Dow Jones Industrial Average and S & P 500. From the American news is worth noting the report of the Ministry of trade of the country, according to which the trade deficit the United States in March 2010. increased compared with the revised value for February 2010. and amounted to 40.42 billion dollars.
At the opening of stock trading in the U.S. 12 May 2010. expected to increase leading indexes. This is evidenced by the dynamics of futures on U.S. stock indicators. Ahead of the opening bell, Dow Jones industrial average futures rose 29, or 0.3 percent, to 10,738. Standard & Poor’s 500 index futures rose 4.90, or 0.4 percent, to 1,157.10, while Nasdaq 100 index futures rose 9.75, or 0.5 percent, to 1,945.00. At this point in time quotations of futures for the Dow Jones index rose by 37 points (0.35%), the index S & P – at 5.3 points (0.46%), the index of Nasdaq – on 4.75 points (+ 0,25%).
Dow Jones Industrial Average is showing a positive trend. Growth can be called stubborn and very confident. Europe, and Asia should be envious to resistance of the main U.S. index. Strong-willed victory it is fittingly called for a jerk up of Dow Jones Industrial Average. The U.S. stock market shows a moderately positive trend after a period of oscillations in Flat. After Monday indexes soared to dizzying peaks in the background of news about the European stabilization fund, the U.S. market refuses to be corrected. It would seem that Europe is today well directed retreating on all fronts, showing his skepticism about the idea of a controversial fund the IMF and the EU, but the market does not think the United States to support the correctional movement.
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.