Monday, August 1, 2011

Daily Dow Jones Crucial Supports At 11977 - 12100 Points, 01-08-2011

Wall Street recap: Dow Jones drops 97 points for a 6th straight losses of 581 points
The Dow Jones tumbled as much as 157 points intraday following weaker-than-expected reports in 2Q11 GDP and July consumer sentiment index coupled with prolonged uncertainty over the nation’s debt ceiling. However, the Dow ended lower by 97 points at 12143 s investors are still hopeful that lawmakers will hash out an agreement on the deficit before the 2 Aug deadline.

Overall, the Dow Jones plunged 4.2% wow and 2.2% mom.

Daily Dow Jones Crucial Supports At 11977 - 12100 Points
DowJones01-08-2011



Source: StockCharts.com

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