Investor Ideas Snapshot for Dow Jones Industrial Average
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March 12, 2013 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors reports on the Dow Jones Industrial Average for March 12th, 2013.
The Dow Jones Industrial Average (^DJI) is trading down 14.47 points or 0.10% at 14,432.28 as of Tuesday, Mar 12 th, 2013. During this time, 189.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 618.8 million. The NYSE advances/declines ratio sits at 986 issues advancing vs. 1,911 declining with 124 unchanged.
After such a long upward streak and all time high for the down it is no surprise that many expected the Dow to begin a slight retreat. If the blue-chip index does manage to retrieve its advance and closes in positive territory, it would be its longest winning run in more than two years, or since an eight-session rise that ended Feb. 9, 2011.
The Dow component leading the way up is Boeing (NYSE:BA), which is sporting a $0.71 gain, or 0.9%, moving the stock to $83.65. Volume for Boeing currently sits at 3.1 million shares traded versus an average daily trading volume of 6.6 million shares.
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