U.S. Economic Data Dow Jones going weak
Stock Report, Uncategorized December 15th, 2009
The Dow Jones closed down 11 points, in trading Tuesday (5/1/2010), as investor fears of economic data released in the United States (U.S.).
Observed, the three major indices in Wall Street mixed in late trading, a day after the Dow Jones managed to record surge of more than 150 points triggered by the U.S. manufacturing data and China.
As quoted by Reuters on Wednesday (6/1/2010) sentiment brought the Dow Jones index fell 11.94 points, or 0.1 percent to the equivalent 10,572.02. Meanwhile, the S & P 500 had gained 3.53 points, equivalent to 0.3 per cent to 1136.52, and the Nasdaq index rose 0.29 points, or 0.1 per cent equivalent to 2308.71.
A number of economic data that came in yesterday’s record trade mixed results. Like the U.S. Commerce Department reported this money, the plant demand increases more than doubled from the diekspektasi November. The request of steel, computers, and chemistry. Gain was recorded at 1.1 percent above analysts forecast 0.5 percent.
Meanwhile, the number of home buyers declined in November, and it indicates that sales will decline this winter. The National Association of Realtors said pending home sales index fell 16 percent, this is the first decline in nine months.
Decline was previously anticipated, the article of the new investors will generally buy a house after the tax due last year.
While the strengthening U.S. dollar, pushing the index rate. Because of the stronger U.S. dollar, pushed commodity prices and stocks related to commodities.
