Dow Jones index climbed despite weak jobs data

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

US blue chips index lost momentum on Friday after sharp rally on Thursday. Weak US labour market data coupled with anticipation of key China's numbers releases due on Monday capped the upswing of the equity index. The Dow Jones Industrial Average Index inched up 0.11% to close at 13,306.64. Five out of nine economic sectors included in the index advanced. Basic materials and oil and gas companies poised the largest gains. Alcoa and El du Pont de Nemours climbed 3.88% and 1.42% while Chevron and Exxon Mobil rose 0.86% and 1.05% amid higher commodity prices after inspiring news from China. Dragging the index lower, consumer goods and telecommunications lost 1.54% and 0.70%. Shares of technology firms also went lower after Intel cut its profit forecast. Intel, Microsoft and Hewlett-Packard dropped 3.59%, 1.31% and 0.97%, respectively.

 

Actual Topics

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.