The energy companies’ shares, including Exxon Mobil and Chevron, fell on Thursday having beaten the US stock indices down that was caused by oil price decline. DJIA decreased by 93.79 points or by 0.91% to 10197.47 points. This is the most significant index reduction since October 30. Standard & Poor\'s 500 index slumped by 11.27 points or by 1.03% to 1087.24 points. The energy sector became a very weak index component having slid by 2.04%. The financial companies’ shares also tumbled considerably, by 1.84%. Nasdaq Composite ticked down by 17.88 points or by 0.83% to 2149.02 points.
Exxon shares quotations moved down by 1.01 USD or by 1.4% to 71.90 USD. Chevron shares dropped by 1.09 USD or by 1.4% to 77.42 USD. The energy companies’ shares turned out to be under downward pressure from the oil futures abatement by 3% after more dramatic US oil stock growth data than it was expected. The index financial components of JPMorgan Chase and Bank of America also pushed DJIA lower. JPMorgan stocks slipped by 1.02 USD or by 2.3% to 43.30 USD and Bank of America shares went down in value by 37 cents or by 2.3% to 16.06 USD. Wal-Mart shares edged up by 27 cents or by 0.5% to 53.24 USD due to more significant income of the company in third quarter than it was expected.
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Analyst: Vladimir Donin.
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