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Dow Jones Industrial Average: Index Rides High on QE3 at Midday


Home Depot shares leap in price due to reduced refinancing rates.

MINYANVILLE ORIGINAL The Dow Jones Industrial Average (INDEXDJX:.DJI) is down 4.01 points, or .03%, to 13,476.29 points, following disappointing European and Asia macroeconomic data offset by promising figures from the US. Mortgage refinancing and general consumption have skyrocketed due to QE3, leading to a balanced equities market.

Home Depot (NYSE:HD) is up 2.11% to $61.61 per share, a jump in price owing to depressed refinancing rates.

Caterpillar (NYSE:CAT) is down .75% to $84.83, riding the declared battery of layoffs among its Decatur employees.

Hewlett-Packard (NYSE:HPQ) is down 10.96% to $15.25, a downturn coming on the heels of a seriously sad Q3 outlook. Poor HP-or poor masses of soon-to-be-laid-off HP employees.
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