2010/10/28

Early market: Dow Jones Index falls the over hundred point of periodic stock collar to fall

The Beijing standard time in the evening the news falls on Wednesday the periodic stock the influence, the US stock market falls largely in the morning, Dow Jones Index current falls 100 spots, the investor the quantification loose measure which soon promotes to the Federal Reserve holds more conservative attitudes.

The nine month new room sales volume month link compared to grows 6.6%, the idea achieves 307,000 set yearly, this result is friends with in 299,000 sets of markets anticipated. up to US east the time 11:00 am, the Dow Jones Industrial Average fell 119.09 points, to 11050.37 points, the decline range is 1.07%; The NASDAQ composite index fell 11.67 points, to 2485.62 points, the decline range is 0.47%; The Standard & Poor 500 indices fell 11.18 points, to 1174.46 points, the decline range is 0.94%. CMC Markets analyst Michael Hewson indicated that “the market mood is not pessimistic, but the confidence has the vacillation truly.” the investor will be appraising the Federal Reserve to promote the new currency stimulation policy next week the possibility.

They current start to favor in thought that the Federal Reserve will act according to the economic resurgence situation to adjust the monetary policy gradually, but is not in similar crisis period disposable promotes large amount purchase plan. Wall Stree Journal Wednesday said that the Federal Reserve will possibly disclose an item will purchase hundreds of billions US dollars national debts in future several months the plans, what relativity will be, Federal Reserve in financial crisis period has purchased the nearly 2,000,000,000,000 US dollars bonds.

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