Daily DOW Comment – 2nd July 2012
Dow Jones Snapshot
| R3 | R2 | R1 | P | S1 | S2 | S3 |
| 13248.0 | 13064.2 | 12972.1 | 12788.3 | 12696.3 | 12512.5 | 12420.4 |
An agreement by the EU leaders at the summit in Brussels spurred a sharp rally in equities last Friday on fresh hopes the debt problems in Europe could be contained. Consequently, the Dow Jones rose 275.49 points to 12,880.09 thus posting the best monthly gains for the year. Meanwhile, the US investors’ confidence dropped to the lowest level for 2012 despite ongoing improvements in the housing sector.
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