2008年9月7日星期日
Roundup: the global economy worrisome to Wall Street lower
Major stock indexes ended mixed Wednesday, Standard & Poor's 500 index and the Nasdaq composite index third consecutive trading day down. Commodity futures prices fell investors worried that global growth will slow down. BNY ConvergEx Group Executive Director and chief dealer Anthony - Conroy (Anthony Conroy), "said the existence of many uncertain factors, and these uncertainties lead to fierce market oscillations. Energy and weak demand for bulk commodities, and each wants to At the same time to flee the market, which also brought pressure to the stock market. " The Dow Jones industrial average was up 15.96 points to close at 11532.88 points, or 0.14 percent. Dow in the day, most of the time down to maintain momentum. Within the 30 constituent stocks in a total of 18 shares rose. General Motors rose 5.8 percent, GM U.S. auto sales in August fell by 20.3 percent year-on-year. Other car manufacturers have announced the auto sales data. Ford U.S. auto sales in August fell by 26.6 percent, up 1.3 percent. Intel fell 4.6 percent. Avalon Partners chief market economist Peter - Peter Cardillo (Peter Cardillo) said that "investors think that bulk commodities was due to the global economic slowdown, the idea of a blow to the market." The Standard & Poor's 500 index fell 2.59 points to close at 1274.98 points, or 0.20 percent, the Nasdaq composite index fell 15.51 points to close at 2333.73 points, or 0.66 percent. The Standard & Poor's 10 major industry segment, information technology, public water utilities and electrical energy plates or larger. Financial and non-essential consumer goods segment rising. Big Board volume was 5.051 billion shares traded on the Nasdaq to 2.136 billion shares. New York Stock Exchange and the Nasdaq basically the same, the Nasdaq stock market rose to 14 than 13 leading the Nasdaq. The Commerce Department reported factory orders in July grew by 1.3 percent, the results exceeded the 0.8 percent growth economists expected. Cardillo said, "better-than-expected factory orders today is a bright spot market, capital spending has been the second consecutive month, raising that although consumers reduced spending, but business at least in the past few months has not been reduced expenditures. Action Economics analysts said, "The U.S. manufacturing data to dispel people's fear of economic recession, the commodity-sensitive industries, as well as the vigorous development of space industry offset by other industries such as automotive industry into the doldrums of the impact." Fed Beige Book says U.S. economic downturn. Governor of the Bank of Boston Federal Erik - Luosengelin (Eric Rosengren) in New Hampshire, Manchester Chamber of Commerce said in his speech not in favour of the recent interest rate increase. Crude oil futures for the first five trading days down. The New York Mercantile Exchange October delivery of light, sweet crude futures fell 36 cents to close at 109.35 U.S. dollars a barrel, after the contract had dropped to 107.60 U.S. dollars. Ospraie Management LP Tuesday that it has terminated its flag-ship's commodities futures hedge fund operations, Lehman Brothers has Ospraie 20 percent of the shares. Cardillo said, "Another negative factor is a fund to stop operating. Clearing commodity futures will trigger a chain reaction, September is the traditional low season, the commodity futures prices fell the situation more complicated. Futures market is widely considered a weak global economy The results of the doldrums. " Fannie Mae (FNM) fell 1.5 percent, the mortgage giant has been issued through the auction three months and six-month bonds, the rate of return than bonds issued by the previous bonds higher. Corning (GLW) fell by 12.6 percent, flat-panel TV glass manufacturer lowered its third-quarter sales and profit goals. Coca-Cola (KO) fell 0.6 percent, the company announced the acquisition bid 2.4 billion U.S. dollars in China Huiyuan Juice Holdings Limited. Kraft Foods (KFT) fell 0.2 percent, the world's second-largest packaged food manufacturers to cut its full-year earnings per share guidance. Overseas markets, European stock markets weakened, the pan-European Dow Jones Stoxx 600 index fell 1.6 percent. In the Asian stock market, the Nikkei 225 index rose 0.6 percent, the Hang Seng Index fell 2.2 percent.
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