Dow Jones

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Source: Dukascopy Bank SA
© Dukascopy Bank SA
© Dukascopy Bank SA
© Dukascopy Bank SA
U.S. blue chips were down for the second day prior to beginning of the new earnings session. The Dow Jones Industrial Average erased 0.4% to 13,328.85. Three out of nine sectors advanced. Verizon Telecommunications and AT&T were pacing losses in the telecommunications group, as companies slumped 3.6% and 2.9%, respectively. Boeing Co. erased 2.6% to $74.13 after BB&T Capital Markets' analyst Carter Leake cut the stock rating from buy to hold. The stocks dropped on the recent fire of the company's aircraft on the ground at Logan International Airport in Boston. Alongside to that, further decline in the technology sector was capped by Hewlett-Packard that added 1.45% amid announcement the company will start restructuring of its business. Furthermore Exxon Mobil Corp. added 0.63% after it announced that has gained the prestigious Edith and Peter O'Donnell Award for Technology Innovation the offshore oil spill response technologies development.


© Dukascopy Bank SA
© Dukascopy Bank SA
© Dukascopy Bank SA

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