2010年11月22日星期一

Close: Stocks mixed on financial stocks Pudie

U.S. stocks ended mixed Monday. FBI raid investigation for insider trading case, the number of hedge funds, led to the financial sector are declining. Euro area financial stability remains worried investors.
EDT at 4:00 p.m. on November 22, the Dow Jones Industrial Average fell 24.97 points to close at 11,178.58 points, down 0.22%; the Nasdaq composite index rose 13.90 points to close at 2,532.02 points, or 0.55%; the S & P 500 index fell 1.89 points to close at 1,197.84 points, down 0.16%.
The Dow was down more than 149 points up. Dow 30 industrial stocks all fell, with Bank of America (BAC) and JP Morgan Chase (JPM), led by financial sector leading the decline.
Drop in the financial sector dragged down the S & P 500 Index lower. According to reports, FBI raids on Monday investigated the Diamondback Capital, Level Global Investors and the Loch Capital Management hedge fund and other three organizations, launched a large-scale insider trading investigation. Diamondback Capital and Level Global Investors are by Steve - Cohen (Steve Cohen) under the command of SAC Capital Advisors agencies in charge of the first fund of hedge fund managers.
Some investors said the FBI investigation as more details made public, the financial sector will suffer further blow.
At the same time, with the crude oil futures prices barrel below $ 81 in intraday trading, the energy sector also generally declined.Halliburton (HAL), El Paso (EP) and National Oilwell Varco (NOV) and other energy stocks generally lower.
While providing financial assistance to the Irish international agreement has been reached, but investors are still worried that the whole euro zone government debt levels. Currently the provision of financial loans to the size of Ireland is still unknown.
European stock markets ended lower on Monday. New York gold futures rose 0.4%, to close at $ 1,357.80 an ounce; gold futures closed at $ 81.74 a barrel.


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New York gold futures edged up,closed at $ 1,357.8 on 22th




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