Dow Jones index ended the growth of the 9th consecutive session - 21 July 2016 - free no deposit forex bonus
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Main » 2016 » July » 21 » Dow Jones index ended the growth of the 9th consecutive session
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Dow Jones index ended the growth of the 9th consecutive session

 

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The situation on the stock markets is heating up: the Dow Jones ended the growth of the 9th consecutive session.

 

 

 

According to the New York Stock Exchange, the index shows a much longer period of growth just the seventh time since 1980. Even more impressive is the fact that on Wednesday the index closed near a new record high at 18,595.
 

This is another event quite volatile summer. Recall, 24 June after the announcement of the results of the referendum in the UK on the world markets experienced strong selling. However, stocks are not only regained early losses, but also reached record levels since May 2015.
 

"We are seeing new records, but do not forget to meet these peaks has gone 14 months," - said Art Hogan, chief market strategist at Wunderlich Securities.
 

Led by growth in the past month, companies such as American Airlines, eBay and Nvidia. The cost of the shares of these world-renowned corporations increased by at least 15%.
 

Still, some analysts are concerned about the fact that the shares are too expensive, and investors are overly optimistic. It should take into account the fact that in America there is a recession arrived.
 

Recently, these fears have decreased slightly. All thanks to the strong earnings reports by Microsoft, Morgan Stanley and United Continental (UAL).
 

The shares also continue to be supported against the backdrop of record low yields on government bonds.
 

"Low levels of government bond yields are playing into the hands of market shares. Investors have no choice.There is no alternative, "- noted Hogan.

 

 

 

Based on materials WELTRADE

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