2010年11月30日星期二

Close: Stocks fell in Europe crisis continues

U.S. stocks ended lower on Tuesday. Despite positive U.S. economic data is encouraging, but investors worry the financial crisis on sentiment in Europe is still leading U.S. stocks fell.
EDT at 16:00 on November 30 (Beijing time at 05:00 on December 1), the Dow Jones Industrial Average fell 46.47 points to close at 11,006.02 points, down 0.42%; the Nasdaq composite index fell 26.99 points, to close at 2,498.23 points, down 1.07%; Standard & Poor's 500 index fell 7.22 points to close at 1,180.54 points, down 0.61%.
Internet search giant Google (GOOG) fell, dragging down the Nasdaq fell after reports that the company spent $ 6,000,000,000 for the acquisition of a discount for shoppers looking for a social networking site Groupon. In addition, the European Commission on Tuesday announced that it has for the abuse on the Google Internet search market dominance in the allegations of antitrust investigations.
U.S. stocks opened sharply lower on Tuesday, in a number of positive economic data released, the broader market decline narrowed. Institute for Supply Management (ISM) announced that the Chicago branch, and 11 months of the Chicago purchasing managers index (PMI) was 62.5 points, ahead of market expectations.
In addition the U.S. Conference Board (The Conference Board) announced that the U.S. November consumer confidence index was 54.1 points, ahead of market expectations. According to Bloomberg News survey of economists forecast an average 52.0 points. October's consumer confidence was 50.2 points.
According to Standard & Poor's announced in September the Case - Shiller (Case-Shiller) index of U.S. house prices in 20 major cities rose 0.6%, below market expectations. According to Bloomberg News survey of economists forecast an average increase of 1.0%. August of the CS house price index up by 1.7%.
New York gold futures closed up 1.4%, to close at $ 1,386.10 an ounce. Crude oil futures fell $ 1.62, down 1.9%, to close at $ 84.11 an ounce.

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