Dow Jones was flat after US retail sales data

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

The Dow Jones Industrial Average managed to climb 0.02% to close at 13,172.14 amid positive news from the US. US retail sales and wholesale prices increased more than expected last month. However, optimistic data failed to boost US stocks as hopes for more stimulus measures from the Fed started to fade. Five out of nine industries included in the index declined. Consumer services, health care and consumer goods dragged the US blue chips index higher. Home Depot, Wall Mart Stores and Pfizer jumped by 3.58%, 0.83% and 1.10%, respectively. At the same time, financials were mixed, with American Express falling by 0.09% and Bank of America climbing 0.78%. Technology sector was the weakest within the index, plunging by 0.55%. Microsoft, Cisco Systems and Hewlett-Packard declined by 0.86%, 0.98% and 1.33%, respectively.

 

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