2010年11月24日星期三

Late afternoon: U.S. stocks lower led by energy sector consolidation

U.S. stocks late on Tuesday to lower consolidation. Despite better than expected U.S. GDP data, but the euro zone and the debt crisis and other Korean news skirmishes still result in stock prices.

At 15:26 on November 23 EST, the Dow Jones Industrial Average fell 153.15 points to 11,025.43 points, down 1.37%; the Nasdaq composite index fell 40.22 points to 2,491.80 points, down 1.59%; the S & P 500 Index fell 17.67 points to 1,180.17 points, down 1.48%.

Money in the Federal Open Market Committee meeting minutes show that the central bankers meeting in three weeks ago reduced the assessment of the prospects for the U.S. economy after the U.S. stock market continued to fall. The Fed is expected to be moderate next year's economic growth, high unemployment rate, inflation rate continued to remain at a low level unpleasant.

Institutional investors, chief investment officer at LPL Financial Burt - White (Burt White) said, "the Fed dramatically cut the forecast level of unemployment. This shows that the Fed really worried about in the foreseeable future, the U.S. unemployment rate will remain at a very high level . "

The most popular session on Tuesday, the Dow fell 185.5 points, and may have suffered the last 4 days the third time since the fall. Crude oil futures fell by the impact of the energy sector led by the Dow. Dow component Chevron (CVX) fell 2.2%, Exxon Mobil (XOM) fell 1.8%. Walt Disney (DIS) dropped 2.4%.

Hewlett-Packard (HPQ) rose 0.4%, rising to be the only one Dow component. The company said late Monday released a good fourth quarter results, and publish the results better than expected forecast.

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