Sunday, January 15, 2012

Todays DJIA; Dow Jones Industrial Average Index DJX:DJI; Top Dow Losers BAC Bank of America, JPM JPMorgan Chase Market News Today

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dow2664 The primary indices in the U.S., as well as those in the eurozone, were pressured lower to end the last trading session of the week. The DJIA , as well as the Nasdaq and the S&P 500 finished the final session below break-even across the board. The CAC 40, FTSE 100, and the DAX in Germany all closed the last session red. Officially, the Dow Jones Industrial Average closed the last session negative by 48.96 points and closed out at 12,422.06. The Nasdaq closed negative by 14.03 points and final close mark posted at 2,710.67. The S&P 500 fell negative on the day by .49 percent to close out at 1,289.09. Investors were on edge as they waited for the potential credit downgrades via Standard and Poor’s rating scale. The downgrades eventually materialized for nine eurozone nations and the indices dropped as a result. The negativity was observed earlier in the last session as indicators found final day marks in negative territory in the eurozone. Officially, the FTSE 100 in England finished the last session red by .46 percent closing at 5,636.64. The CAC 40 in France closed out lower by .11 percent at 3,196.49. The DAX in Germany closed out lower by .58 percent to close at 6,143.08. The credit downgrades across the eurozone nation came after a week when leaders were attempting to promote progress regarding the debt crisis resolution plan. The downgrades rattled the global marketplace and ultimately spilled over into the U.S. At one point in the last session, the DJIA was down over 100 points. It partially recovered as close approached, but individual components still struggled. Primary losers on the day for the Dow 30 were Bank of America Corp BAC, JPMorgan Chase and Co. JPM, and Intel Corp. INTC. BAC, JPM, INTC: Bank of America BAC finished the last session lower by 2.65 percent at 6.61. Previous close for BAC was 6.79. JPMorgan Chase and Co JPM finished the last session lower by 2.52 percent to close last trade at 35.92. Previous close for JPM was 36.85. Intel Corp finished the last session lower by 2.37 percent at 25.14. Previous close for Intel Corp. was 25.75. Frank Matto



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