Wednesday, March 30, 2011

DJIA Is Likely To Surpass 52-Week High Of 12418 Points Amid Bullish Technicals, 31-03-2011

Wall Street Recap: Dow Jones up 72 points amid positive ADP report

The Dow Jones added 72 points to 12351 (its 5th gains in six days) as investors continue to shrug off ongoing global concerns in the Middle East, Libya and Japan.

Investors continue to focus on US improving economic data such as the March ADP report and anticipating another strong nonfarm payroll numbers this Friday. Sentiment was also supported by M&A deals in the telco and pharmaceutical sectors.

DJIA Is Likely To Surpass 52-Week High Of 12418 Points Amid Bullish Technicals.
DowJones31-03-2011


Source: StockCharts.com

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