EDT at 4:00 p.m. on November 12 (Beijing time at 5:00 on November 13), the Dow Jones Industrial Average fell 90.52 points to close at 11,192.58 points, down 0.80%; the Nasdaq composite index fell 37.31 points, to close at 2,518.21 points, down 1.46%; Standard & Poor's 500 index fell 14.33 points to close at 1,199.21 points, down 1.18%.
Best e-commerce platform Confidential Secret! Market may find that reversal of the recent Institutions of capital flows has changed dramatically! Main funding is plotting a new layout! The Dow has dropped to 2 November the United States the lowest level since mid-term elections. In the Nov. 3 Federal Reserve announced it would buy back $ 600 000 000 000 Treasury plan, the same day the Dow up nearly 220 points.
As the market for Fed policy of quantitative easing concerns about the potential consequences, so far this week, the Dow has fallen 2.5%. In addition, investors worried that the European sovereign debt crisis of the emotional re-appear, the market also worried about feeling the global economic outlook increased.
Raw materials and energy sector led by the broader market, as investors worried that once the power consumption of natural resources - China to take measures to cool the economy, the market demand will decline.
As the market worried that China will adopt more tightening monetary policies to fight inflation, Asian stock markets tumbled Friday. Friday, the Shanghai Composite Index fell 5.16%, so that the results of a recent three-month bull market for nearly a quarter of evaporation. This is the index in the 14 months since the biggest single-day decline.
U.S. dollar lower against the euro. Euro climbed to 1.3679 against the dollar after European Union leaders issued a statement saying that before the 2013 mid-term government bonds issued by the EU will not change the impact of the rescue plan. In addition, Ireland has denied the country is about to ask the European Commission to provide assistance to the rumors, but also provides support for the euro.
Economic news of the University of Michigan and Reuters announced that in November U.S. consumer confidence index initial value of 69.3 points. According to Bloomberg News survey of economists forecast an average 69.0 points. October consumer confidence index of the final value of 67.7 points.
European stock markets ended lower on Friday. New York gold futures fell $ 37.80, down 2.7%, to close at $ 1,365.50 an ounce.Crude goods prices fell $ 2.93, down 3.3%, to close at $ 84.88 a barrel.
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