At 12:28 on November 22 EST, the Dow Jones Industrial Average fell 122.34 points to 11,081.21 points, down 1.09%; the Nasdaq composite index fell 7.91 points to 2,510.21 points, down 0.31%; the S & P 500 Index fell 11.72 points to 1,188.01 points, down 0.98%.
Dow component DuPont (DD) dropped 1.4%, Intel (INTC) fell 0.06%, Chevron (CVX) fell 1.5%.
Dow component Hewlett-Packard (HPQ) rose 0.26% of the company buck the trend. The company will report earnings after the bell. The average estimate of fourth-quarter earnings of up to $ 1.27 per share on revenue of 32.7 billion. In its competitors, Cisco (CSCO) released earlier this month after a cautious outlook, analysts will be closely watching the company's newly appointed CEO Leo Apotheker's speech on the prospects for the company.
Decline in energy and raw materials sector lead.
While providing financial assistance to the Irish international agreement has been reached, but investors are still on the level of government debt in euro-zone countries are worried. Currently the provision of financial loans to the size of Ireland is unknown, the new political uncertainty concerns the market sentiment increased.
Irish debt to the EU official on Sunday night the International Monetary Fund (IMF), billions of euros of aid applications. EU and IMF officials said the release of relief funds will depend on the progress of the Irish Government to take measures to restructure debt, reduce the budget deficit outcome of the negotiations.Official for help in Ireland after the announcement, the euro exchange rate was rising.
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