Weak Dow Jones Industrial has caused massive declines Straits Times index and MSCI

Dow Jones Industrial Average has brought new losses on Asian stock market

In brief: Dow Jones Industrial Average caused the Asian indices look to the future with apprehension. Nikkei fell to a minimum.

Dow Jones Industrial pulled down an entire Asian stock market. As a result of trading the index of “blue chips” Dow Jones Industrial Average has fallen off at 96.81 points or 0.98%, to 9774 points. The index of wide market S & P 500 closed at the fall of 10,54 points or 1,01%, at around 1031 points. “High-tech” Nasdaq Composite closed lower at 25.94 points or 1.22% at around 2109 points.

Asian stock markets on Thursday, July 1, showing a further decline in quotations on the background of commodity prices, exchange rates, fears for the future of China and Europe, as well as data from the States. It should be recalled, that trading in the United States on Wednesday ended lower indices. Negative mood of investors was associated with weak data on employment in the private sector, the United States. Meanwhile, support to the market decline has had concerns about the situation in the banking sector in Europe. The results of the past quarter were the worst since the end of 2008. Currently, shares of BHP Billiton Ltd. and Rio Tinto Group lost more than 2% in Sydney. Papers Nissan Motor Co., 13% of revenue which goes to Europe, lost 1.6% in Tokyo.

Index Asia Pacific MSCI fell 1.4% to 111.19 points at 10:50 in Tokyo. Australian ASX 200 fell 1.5%. Straits Times Index in Singapore fell by 0,5%. NZX 50 on the New Zealand Stock Exchange loses 1%.

Cause of great concern to the players of the Chinese authorities. Efforts by the Chinese authorities to curb the risks of a sharp surge in debt local governments can affect the growth of the third economy in the world, according to investment bank China International Capital Corp.

Automatic Data Processing Inc. and consulting firm Macroeconomic Advisers said today that the number of jobs in the private sector, the United States in June grew by 13000. Economists forecast a rise in the number of workers in the private sector in the U.S. in June 60000. In the revised data, in May, the number of jobs in the private sector grew by 57,000 – the previously reported growth of 55000.

The Tokyo Stock Exchange following a morning session of the Nikkei index fell 182.22 points (1.94%) and at 9 200.42 points, Topix index lost 13.37 points. The yen is currently trading at 88.18 – 88.20 for one U.S. dollar (-0.47). Currently, South Korea’s main index KOSPI stock market fell by 1,5% (25.61 points), now it is 1 682.15 points. In mainland China, the composite index of the largest in Asia, the Shanghai Stock Exchange fell 0.03%, the composite index Shenchzhenskoy Stock Exchange fell by 0.25%.

Anrey Torbinski
2010-07-01 09:35, Economics.

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One comment к “Weak Dow Jones Industrial has caused massive declines Straits Times index and MSCI”

  1. habu Says:

    The world is ending at 4pm EDT news at 9 8 central.

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