The DJIA begins to lose support as Europe has failed stress tests todays

Goldman Sachs said earlier that the stress tests do not pass 10 banks, Dow Jones Industrial starts to decline

In brief: Stress tests will force the Europeans to stop trusting ATEBank, Hypo Real Estate, Unnim, Diada, Espiga, Banca Civica and Cajasur, Dow Jones Industrial Average may fall.

The DJIA ceases to grow steadily after the results of stress tests. Calling the results of stress tests bad we can not, but the Dow Jones Industrial Average lost 0.10% growth. The DJIA is a mark of 10,400.02, gaining 77.72 points (0.75%). So, seven European banks have not been stress-tests conducted to confirm the stability of the banking system of the EU.

7 European banks of 91 did not pass stress tests. They were conducted by national regulators of financial markets of the EU under the auspices of the Committee on Banking Supervision of the European Commission. This is stated in the outcome of the study. One of the banks that did not pass the test, is a major Germany’s Hypo Real Estate. Total testing were 16 banks of the euro area, as well as financial institutions, the UK, Denmark, Hungary, Poland and Sweden. The test was carried out in connection with sovereign debt crises, which began in Greece and was almost spreading to Spain, Italy and Portugal.

Igor Tringlers
2010-07-23 17:57, Economics.

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One comment к “The DJIA begins to lose support as Europe has failed stress tests todays”

  1. jhvdrsf Says:

    shut the fuck up! you are more wrong than right.

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