The Dow Jones Industrial Average continues to bid on the verge of the green and red zones. Bulls aren’t attempting to increase the volume of trading against the background of lack of important data.
Hewlett-Packard Company (NYSE:HPQ) shares rose to 41.33 points, gaining +0.78 (1.94%). Cisco Systems, Inc. (NASDAQ:CSCO) shares came close to the uptick of 22.21 points, having played +0.30 (1.37%).
U.S. stock market – the indices continue to decline, Dow Jones Industrial trying to avoid another fiasco in the background of mixed statistics. Index broad market Standard & Poor’s 500 is trading with a decrease at 0.59% on a mark to 1,088.83 points, the light blue-chip Dow Jones Industrial Average decreased 0.29% to a level of 10,262.97 points and the index of high-tech Nasdaq Composite traded in a minus on 0,56% at around 2,249.04 points.
The new week began with the fall of the Dow Jones Industrial Average and other indices of U.S. stock market. Will Dow Jones Industrial today’s trading at 10,442.41 points. The level of incidence Dow index was -8.23 points (-0.08%) yesterday. In the United States markets await the publication of a figure of interest to us.
Dow Jones Industrial Average began trading with a bullish trend today. Bulls, angry at the negative end of yesterday’s trading, throw Dow index in the green zone from the first minutes of trading till now. Bad news from Europe threatened the growth of Dow Jones Industrial Average, but the trend remained positive. Dow Jones Industrial Average is near the mark of 10,318.69. The growth of Dow index – 127.80 (1.25%).
Dow Jones Industrial fell a second consecutive session. The overall negative market very negative impact on the index of blue-chip Dow Jones Industrial Average. On Monday, June 7, the U.S. stock market showed a negative trend. If the first session, the index rose on a background of positive statistics on manufacturing orders in Germany, under the veil of trades lost much of their positions because of negative news emerging in the banking sector.
On Thursday, May 13, major indexes of U.S. stock market in the first half of the trades showed a negative trend. Dow Jones Industrial Average suffered a significant correction from the bears. Bulls were unable to help the Dow Jones because of the negative statistics. Statistics on the labor market, published today, was worse than expected. Thus, the number of primary applications for unemployment benefits last week amounted to 444 thousand, as the previous week, while the expected decline to 440 thousand.
Dow Jones Industrial Average was unable to continue the marathon of growth, which began in recent days. Today the index is continually go into the minus. Stock trades in the U.S. opened on 13 May 2010. Movement of the leading indexes is very unstable. The main influence on the course of trading in the early hours of today’s session provided information on the number of initial claims for unemployment benefit for a week in the U.S.. According to the report of the Ministry of Labour of the country during the week that ended on 8 May 2010. As compared with that of the preceding weeks, the number of initial claims totaled 444 thousand, disappointing analysts who had expected the figure at 440 thousand.