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Friday, May 14, 2010

Wall Street uncertain

Friday, May 14, 2010

At this time trading, Wall Street's main stock exchange was closed S&P vary with the Dow closed down and the NASDAQ closed up thin and very thin, where investors were anxious to Europe stabilization program.

Programme worth 750 billion euros or $ 960 billion is still a big question mark in the minds of investors for the stock if the fund's financial deficit crisis can be resolved or not.

This hesitancy to make the stock in early trading had fallen to 1% more, but the news about the leadership succession in England from Gordon Brown to David Cameron, seemed to bring the brightness of the future financial deficit of the UK who are also problematic.

Some issuers on the NASDAQ in the pharmaceutical sector, providing support to the index does not end in negative territory due to good financial reporting.

Industry sectors where factor hopeless instantaneous profit-taking after a long rally, even though Toyota Motor release the appropriate financial market expectations, still does not help the Dow and S&P in the red area.

Mining commodities, particularly energy sector, giving a big trigger for the stock correction, where the factor of safe havens for oil commodity currencies led investors to sell positions.

DowJones down 36.88 points, or 0:34% to a level of 10,748.26.
S&P 500 fell 3.94 points, or 0:34% to a level of 1,155.79.

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