DJIA down as American manufacturing index declines

Note: This section contains information in English only.
Source: Dukascopy Bank SA
U.S. blue chips decreased on Friday, as the Institute for Supply Management's manufacturing index fell to 51.3 in March, down from 54.2 in February. The Dow Jones Index lost 0.04%, or 5.69 points, to 14,572.85, close to its highest level since 1896. Health care and telecommunications sectors advanced the most, adding 1.1% and 0.7%, respectively. UnitedHealth Group surged 3.1% to USD58.97, as their shares were upgraded from "hold" to "buy" status by Standpoint Research. AT&T Inc jumped 1.5% to USD37.25, as the board of the company announced the repurchase of up to 300 million shares. Moreover, the company declared a quarterly dividend of USD0.45 per share. Procter&Gamble Co closed the top-three performers by rising 0.8% to close at USD77.70. On the downside, Hewlett-Packard Co slipped 2.2% to USD23.31, pushing the industrial sector into the red zone. Furthermore, Intel Corp lost 1.9% to USD21.43, after the company's shares were downgraded by JMP Securities. Caterpillar Inc followed with a decline of 1.5% to finish at USD85.64.
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Tue, 02 Apr 2013 08:47:14 GMT

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