Vedanta Resources plc (LON: VED) fell to a record low – 2,040.00 points, the company’s shares lost -141.00 (-6.46%). Bearish trend captured the energy sector of the market and market mineral resources today.
BHP Billiton plc (LON: BLT) is located at 1,946.00 points, losing -31.50 (-1.59%) today. So, quotes the British-Australian giants – BHP Billiton shares fell to 0.70%, Swiss Xstrata – to 1,20% yesterday. Price Securities Anglo American, by contrast, rose to 0.06%.
U.S. Stock Market has been the victim of new repression. Old World started a negative trend, and the Dow Jones supported bearish mood. Dow Jones Industrial Average fell almost -225 points or -2.16%. Dow index is now 10.135. Key share indexes in Germany that were in the beginning of the session in the Green Zone unable to resist the bears pressure and closed in the negative territory. The first blow came from the macroeconomic statistics, according to which the trade deficit in the euro area in May totaled 3.4 billion euros, while analysts had expected the trade surplus will decline from 1.8 billion euros the previous month to 1.5 billion euros.
Dow Jones fell by 120 points (-1.19%), the index of Nasdaq – by 22.75 points (-1.24%), the index S & P – by 12,4 points (-1.16%). At the opening of stock trading in the U.S. occurred lowering the leading indexes. Dow Jones Industrial Average continues to lose about 0.1% every 5 minutes. On today’s crash showed the dynamics of futures on the leading stock market indicators are showing a decrease of more than 1%. Negative impact on investor sentiment affects the latest statistical news on the Chinese economy. According to specified data research organization Conference Board, the index of leading economic indicators rose in China in April at 0.3% rather than 1.7% reported earlier this month, causing uncertainty about the stock market players in the pace of recovery largest economy Asia.
Bad statistics forced Dow Jones Industrial decline. Bulls do not try to save the Dow Jones out of the captivity of the red zone. Consumers are beginning to play on short-term transactions. Stock trades in the U.S. opened on June 23 collapse of leading indicators. Dow Jones fell by 28.56 points (-0.28%) – up to 10,264.96 points, the index S & P – on 5.92 points (-0.54%) to 1,089.39 points , index Nasdaq – on 15,36 points (-0.68%) to 2,246.44 points.
Dow Jones Industrial Average will start the day with a record low of 10,293.52 points. Dow Jones lost -148.89 points or -1.43% yesterday. Bidding on the Dow Jones futures are now in the green zone. At the opening of stock trading in the U.S. on June 23 is expected to increase the leading index in anticipation of the meeting of the Federal Reserve System (FRS) the USA to the basic discount rate. Fed is expected to retain a key discount rate in the range of 0-0,25% per annum.
Gold prices remain stable. Gold has three points of dependence. 1 – gold as an asset of refuge – Gold prices fell as market participants feel less need to buy gold as an asset of refuge as investors are satisfied with the fact that aggravation of Europe’s problems are not observed yet, even temporarily;
Analysts predicted the Dow Jones Industrial Average rapid growth and prosperity at the end of this week, but mistaken. Error was fatal, Dow Jones Industrial Average index fell to a minimum. Stock trades in the United States 14 May 2010. opened a decrease in leading indexes amid fears that the debt crisis of the eurozone countries could adversely affect the recovery of the global economy. The external background trades today rather unfortunate – the Japanese Nikkei fell 1.49% in the trading session ended, stock trading in Europe opened lower leading indexes.