At 12:24 on November 26 EST, the Dow Jones Industrial Average fell 75.68 points to 11,111.60 points, down 0.68%; the Nasdaq composite index fell 4.86 points to 2,538.26 points, down 0.19%; the S & P 500 Index fell 7.36 points to 1,190.99 points, down 0.61%.
Dow 30 industrial stocks among the leading enterprises of raw materials sector DuPont (DD) dropped 1.4%, Alcoa (AA) fell 1.4%. As of midday Friday, this week, the Dow has fallen about 0.7%, continuing the most recent years, U.S. stocks fell in the week of Thanksgiving, a trend.
Nasdaq and S & P 500 are down, leading declines in raw material and energy sector.
U.S. stocks fell on Friday caused the reasons for sovereign debt crisis escalated in Europe, while Spain and some other countries has become Europe's weakness.
In order to eliminate the financial position of the Spanish market worried about increasingly heavy emotions, Spanish Prime Minister Jose Luis Rodriguez Zapatero (Jose Luis Rodriguez Zapatero) said on Friday, the euro zone's fourth-largest economy, Spain "absolutely" does not need to seek assistance from the EU. But Zapatero's speech tried to calm market sentiment has little effect after the publication of his remarks, the euro exchange rate along with Spain and Portugal, together with bond prices tumbled. Euro-dollar exchange rate is currently reported to 1.3251.
USAA Investment Management private equity investment institutions, vice president Bernie - Williams (Bernie Williams) said, "As a large euro area countries, Spain, risk of recurrence of the debt crisis, which brought to Oumen more pressure."
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