Dow Jones tumbles amid a day before Italian bond auction

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Source: Dukascopy Bank
Dow Jones Industrial Average edged down 1.14% or 139.94 points to 12,151.41 as investors were concerned about forthcoming Italian 10-year bond auction on Thursday. All 30 of blue chip's constituents declined. Nevertheless Dow Jones still is 5% up on a yearly basis. Among worst performers was Bank of America, giving up 3.47%, aluminum producer Alcoa Inc. falling 3.07% and machinery producer Caterpillar which sank by 2.38%.
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Thu, 29 Dec 2011 14:48:52 GMT

Initial jobless claims increased more than expected in the US

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Thu, 29 Dec 2011 15:00:35 GMT

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