Dow Jones swings between gains and losses

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Source: Dukascopy

After a two-day straight drop, Dow Jones Industrial Average Index gained 0.4% or 46.24 points and closed at 12,196.37 on Wednesday. Gain was mainly supported by a 2.3% increase in JPMorgan Chase & Co. after the bank reported it has decided to buy back extra shares after paying less than supervisors allowed in dividends. Mc Donald's Corp. also boosted index adding 1.4% after company announced 8.7% surge in November sales in Japan. However, on Thursday morning trade index opened lower at 12,135.48 or 0.5% down, reflecting Mario Draghi's announcement ECB will not purchase more debt of troubled European countries. 

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