Dow drops from its record high as credit risk gauge rallies

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Most U.S. blue chips declined on Monday, as a gauge tracking U.S. corporate credit risk climbed the most in almost a month as decision to impose tax levy on Cypriot bank deposits might spark the Euro-area's debt crisis. The Dow Jones Index slipped 0.6% to 14,456.06 after trading at its record high the last week. All but one sector posted losses. Boeing Co slumped 1.5% for the biggest drop on the Dow. Walt Disney Co followed with a 1.3% plunge to close at $56.83 to pace losses in consumer services that was 0.6% down. McDonald's Corporation fell as much as 1.1% to $98.57 as the fast food restaurant chain is facing a stiff competition from its competitors in Russia. McDonald plans to turn to franchising business model in Russia to retain its strong fast-food pioneer position. Among best performers was Hewlett-Packard that rose 2.9% to $22.83 after Morgan Stanley upgraded its stock rating to overweight.


Back to articles

Actual Topics

Tue, 19 Mar 2013 08:11:06 GMT

Palladium sagged 1.61% ahead of Fed policy meeting

Precious metals were mixed on Monday amid broadly weaker US Dollar and safe-haven demand after Cyprus said it would levy bank deposit taxes. Meanwhile, market players remained cautious ahead of a two-day Fed policy meeting scheduled to start on Wednesday. Gold hit almost a two-week high amid concerns that bailout conditions for Cyprus will impact smaller depositors and push the Eurozone

Thu, 21 Mar 2013 06:54:10 GMT

Poland's core inflation slows down to 5-year low in February

Polish core inflation slowed down to its lowest figure since November 2007 in February, while the consumer price index stayed unchanged on a monthly basis at 0.1%, the country's central bank reported on Monday. The report showed that core consumer prices advanced annually by 1.1% in February following a 1.4% rise recorded the month before, while the core inflation was

Subscribe to "Fundamental Analysis" feed

Suscribir
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.