European sovereign debt crisis of the day is still the most important factor in market changes. Previously signed between the EU and the Irish rescue plan obviously did not play to appease the market. The debt crisis continues to spread out the worries of investors began selling Spain, Portugal and Italy, the national debt, resulting in the Spanish 10-year bonds and German government bonds reached between the spread of 3 percentage points, a record high since the advent of the euro .
Moreover, the recent series of China may tighten monetary policy again, and the Japanese employment data reported lower than expected news on the market constitutes a blow to investors for hedging considerations have shifted the capital security of the relatively high dollar and U.S. Treasury bonds, causing U.S. stocks fell for three consecutive days. In this case, U.S. economic data released the day better, bring to the market some support, but still not enough to boost the major indexes rose.
Chicago branch of the U.S. Institute for Supply Management announced in November Chicago purchasing managers index was 62.5, exceeding market expectations. Meanwhile, The Conference Board's U.S. consumer confidence index in November was 54.1 points, nearly 5 months since the highest level.
New York stock markets closed, the Dow Jones 30 Industrial Average index over the previous trading day down 46.47 points to close at 11,006.02 points, down 0.42%. Standard & Poor's 500-stock index fell 7.21 points to close at 1180.55 points, down 0.61%. The Nasdaq composite index fell 26.99 points to close at 2498.23, down 1.07%.
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