The Dow Jones Industrial Average fell into the red zone after a successful start of bidding. American International Group, Inc. (NYSE: AIG) shares gained +0.25 (0.71%), rising to 35.42 points.
Dow Jones Industrial conducts successful trading session today. The level of support for the Dow index rising, but change is inevitable. The DJIA is a mark of 10,417.32 points, Dow index gained +95.02 (0.92 per day. At the same time, the U.S. Treasury still intends to sell 1.5 billion shares of Citigroup. The U.S. Treasury Department announced the U.S. intention to sell Citigroup announced a few hours ago.
President Obama signed into law the most radical since the Great Depression of the 1930 reform of the mechanisms regulating the U.S. financial system. The main purpose of the law is to prevent the recurrence of financial crisis in the U.S. two years ago and then engulfed the entire world. “Legislation on the reform of financial regulation is a necessary and far-reaching step towards preventing the recurrence of the recent financial crisis,” – said on the eve of the signing of the law Fed Chairman Ben Bernanke.
So now we have a statement of the president Barack Obama. His anger at the situation with BP does not have a nothing personal. Just business. In a conversation held with British Prime Minister, David Cameron, the American president said that his obvious desire to find the one who “Pour on the first number in BP, totally not a manifestation of anti-British sentiments. The president’s words, of course, encouraging. But the situation with BP was a sad reminder that for the widely advertised “special relationship” between the U.S. and Britain hidden mutual hatred, ready to boil over at the first emergency.
Dow Jones Industrial Average started the new week with a confident and stable growth. Consumers do not see obstacles for increasing the volume of trading on the Dow Jones Industrial today. First half of trading session on the U.S. stock market goes in the green zone. Dow Jones rose to mark 10,294.28, the growth index was 83.21 (0.81%). We should remember, that Dow Jones index has fallen from the April high of 11,258 down to the 9850 area three times in the last 20 days. The level of 10,250 points has established itself as the temporary ceiling or resistance level. So, good news came from BP: