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DJIA trades flat

FXStreet (Mumbai) - The Dow Jones Industrial Average traded flat after posting a 25th record close for the year yesterday.

The DJIA traded 0.01% lower at 17,654.00 at the time of writing, compared to the previous day’s close of 17,652.79 levels. The index breadth is positive with an advance decline ratio of 17:13. Among stocks, shares in Cisco gained 1.42% after the company managed to meet investors’ expectations while simultaneously beating Wall Street’s estimates for fiscal Q1 2015. DuPont and Microsoft added 0.69% and 0.455 respectively. Meanwhile, the minus side includes shares in Nike, Chevron, Wal-Mart stores, UnitedHealth.

Elsewhere, the S&P 500 is trading 0.04% higher at 2040.20 levels, while the NASDAQ is up 0.05% at 4215.00 levels.

The equity markets in the US are trading flat despite the advance retail sales for October beating market expectations to rise 0.3%.

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