Drop of the indexes in USA
During the last exchange session for the previous week, the basic index Dow Jones dropped with 0.9% to the value of 11 346.51 points, which was the lowest level of the index from August 2006. The wide American index S&P 500 decreased with 0.4% to finish the session with value of 1278.38 points.The Friday's loses forced the weekly decrease of Dow Jones with 4.2% and S&P 500 with 3.0%. Both indexes are signting too weak monthly action for June. The decrease of Dow Jones from the top level of October is now nearly 20%, a border which is taken from the investors for going in recession. Main reasons about decrease and connected with the expectings for new loses from lost activities due to the credit crisis, high petrol prices and predictions for delay of American economy. One of the worst sectors is financial. The index, which is calculating its presentation S&P 500 dropped to 5 year bottom due to predictions for new wave of lost activities in result of credit crisis.
Labels: Financial News
posted by Zoritza Petrova @ 10:24 PM
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