The DJIA collapse and U.S. stocks nearest future

The DJIA collapsed today along with the other major U.S. indexes

In brief: The wave of sales has swept all the world's stock exchanges today, leading to the DJIA collapse.

The Dow Jones Industrial Average collapsed on 2,65-3,85% along with the other major U.S. indexes yesterday. This happened due to a wave of sales that has swept all the world’s stock exchanges this Tuesday. The main adverse event of the day was the news about the state of the Chinese economics.

The Conference Board research organization yesterday issued a revised April assessment of the Chinese leading economic indicators: instead of the previously announced 1.7% increase in the index was only 0.3%. Encouraging in recent years the dynamics of macroeconomic indicators of China has much more precarious and returns traders to reality. Unfavourable statistics released yesterday in the States. According to the same research institution Conference Board, the index of consumer confidence in the U.S. economy dropped this June to 52.9 points compared to 62.7 points in May. After growth of the indicator over the last three months the market participants did not expect such a deep fall (forecast – 62,5 points). Apparently, the current economic situation doesn’t secure confidence in the future to ordinary Americans.

Olga Bespalova
2010-06-30 13:06, Economics.

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2 comments к “The DJIA collapse and U.S. stocks nearest future”

  1. slayer12 Says:

    Certainly,conference board are controlled a bunch of ruthless jews.
    so this people are fucking always Americans by speculating markets

  2. paintball barrels Says:

    no fun at all. this economy is going nowhere fast.

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