Dow Jones down 0.1% led by JP Morgan

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Source: Dukascopy Bank SA
Dow Jones Industrial Average kept downward trend on Monday led by drop in factory orders and JP Morgan loss report. Blue chip index shed 0.14% or 17.11 points and finished at 12,101.46. JP Morgan Chase fell 2.9% on news the lender is likely to post a 4.2 billion trading loss for the second quarter, reducing  EPS to around USD 0.65 per share. One of US leading construction and mining equipment manufacturers Caterpillar slipped 2.6% on weaker factory orders. 

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