Dow continues upward tilt

THE Dow Jones industrial average headed toward its eighth straight weekly win amid lacklustre trading yesterday, while other US indices also looked set to record second consecutive monthly gains.

Around 11.30 am ET, the Dow Jones industrial average, down 3.98 to 8927.70, and the Nasdaq composite, down 0.73 to 1487.21, floated around break-even, with the Dow showing the most volatility as shares of component UAL lost nearly 30% of their value.

Another factor in the day's trading was the ‘Black Friday’ distraction. Many