United States within a narrow range on Wednesday afternoon, the major indexes fluctuated between ups and downs in the small. Positive economic data for the local investors are excited, but also the debt crisis for the euro area worry about the new progress.
At 13:47 on December 15 EST, the Dow Jones industrial average rose 18.62 points to 11,495.16 points, or 0.16%; the Nasdaq composite index fell 6.42 points to 2,621.30 points, or 0.24%; the S & P 500 Index fell 2.54 points to 1,239.05 points, down 0.20%.
On Tuesday the Dow rose in September 2008 after the closing high since, on Wednesday the Dow continued to climb. In the New York area manufacturing activity rose under the impetus of Dow component Caterpillar (CAT) rose 1.9%, 3M (MMM) rose 1.2%. JP Morgan Chase (JPM) fell 0.9%.
The general decline in the financial sector, Morgan Stanley (MS) fell 1%, Goldman Sachs (GS) fell 0.8%, after some Wall Street analysts downgraded the investment bank's two fourth-quarter earnings forecast, saying the downside is fixed-income departments of both companies trading volume decline in foreign exchange rates and commodity futures price movements and so on. Show that the market is expected to cut fourth-quarter of the financial sector is expected to tone shifted.
Most of the other sections are also slightly lower. Although the U.S. economic data show that the New York area manufacturing activity index rebounded in November, after shrinking, the U.S. industrial output fell in November after a slight increase in capacity utilization has gone up, but the debt crisis in Europe continues to make investors feel the situation concern.