Sindonews.com -stocks on exchanges on Wall Street trade Thursday local time closed corrected two days in a row. In fact, the index registered a record S&P 500 worst daily for two days in a row since November after investors gave negative responses on the economic report of the United States (US) and Europe.
However, the rally at the end of stock trading that occurs to minimize correction going on in the technology sector in the Nasdaq index. This indicates that investors are still interested in buying the stock despite a sharp decline at the end of the trading session.
"Results of the purchasing management index (PMI) of Europe really be a blow for the stock market. The market expects the recovery, yet the problems in Europe are still high, "said head of Investment Advisory in Portsmouth Harbor, Jack De Gan, as reported by Reuters, Friday (22/2/2013).
Claim unemployment benefits in the u.s. rose more than expected in the last week. While the Federal Reserve Bank of Philadelphia said business conditions index in the U.S. mid-Atlantic region plunged in February to the lowest level in eight months.
at the close of trading last night, The Dow Jones industrial average (DJI) was down 46,92 points or 0.34 percent to,62, The Index 13.880 Standard & Poor 500 (SPX) slid 9,53 points or,42 percent to 1.502 0,63, and Nasdaq Composite Index (IXIC) plummeted 32,92 points or 1.04 percent to 3.131,49.
(rna)
Finance; Investment; Business; Economics
Finance; Investment; Business; Economics
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