2010/11/30

New York stock market continued to fall

As investors continue to spread the European sovereign debt crisis worries continue to plague the market, 29, all three major indexes in New York stock market fell to close, but the decline compared with the early narrowed significantly. 
Ireland 28, and the EU signed a total of 850 million euros in the financial rescue plan, but this did not alleviate the crisis of sovereign debt investors continues to spread in Europe concerns.Investors worry that countries such as Portugal and Spain will follow suit, apply for aid from the EU, the euro suffered sell-off, European stock markets fell sharply, the dollar strengthened by the support of safe-haven buying, resulting in the fall of the Dow 11,000 point mark in intraday trading . 
In this case, despite the positive data announced on the day of the retail industry, but did not constitute an effective support index.National Retail Federation about 4,000 people on a survey, four in the last week of the Thanksgiving festivals each Sunday during the period between the consumer shopping trips by 8.7% over last year, a total of 212 million people. Total consumption is about 450 billion U.S. dollars, amounted to $ 365.34 per capita consumption, rose 6.4%. 
After midday, some buying in the New York Stock Exchange under the support of rebound, but ultimately failed to successfully reverse the decline. 
New York stock markets closed, the Dow Jones 30 Industrial Average index over the previous trading day down 39.51 points to close at 11,052.49 points, down 0.36%. Standard & Poor's 500-stock index fell 1.64 points to close at 1187.76 points, down 0.14%. The Nasdaq composite index fell 9.34 points to close at 2525.22 points, down 0.37%.


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The Stock Exchange of Hong Kong opened down 0.22%