Dow Jones Index climbed 0.19% on Friday

Note: This section contains information in English only.
Source: Dukascopy Bank SA

The Dow Jones Industrial Average Index gained 0.19% to end the week at 13,275.20. Positive consumer confidence data and signs of recovery from the US property market boosted market sentiment. Optimism over the Eurozone's debt crisis after Angela Merkel's comments also added to gains of the US blue chips index. Four in nine sectors included in the index jumped. The top-gainers were industrials and financials. 3M, Caterpillar and Boeing advanced by 0.53%, 1.60% and 0.37%, respectively. Among financials, Bank of America and American Express surged 0.88% and 0.38%. At the same time, health care and oil and gas sectors were the weakest within the index. Johnson & Johnson, Merck & Co and Pfizer dropped by 0.59%, 1.37% and 0.96%, respectively. Exxon Mobil and Chevron tumbled 0.30% and 0.58% on speculation that US may release oil reserves to insure success of Iran sanctions.

 

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