Collapse: Gold prices fell, as the DJIA dropped to the minima of the week today

Dow Jones Industrial has completed trades in the red zone

In brief: Serious problems have taken the Wall Street. The collapse of Dow Jones Industrial Average was a signal to reduce the NASDAQ and the entire NYSE.

The DJIA and the NASDAQ were victims of bad statistics reports. Completion of the U.S. stock market trading disappointed bulls. Dow Jones Industrial Average and the NASDAQ went on the weekend in the red zone and showed the terrible results on the basis of trading today. Gold prices have fallen to very low grades. The price of gold futures for August delivery fell 20.10 to $ 1188.20 dollars per troy ounce on the basis of trading at the COMEX.

Dow Jones Industrial Average remained in the red zone and is 10,097.90 points. Dow Jones fell by -261.41 points (-2.52%). Prices for crude oil Light for August delivery today on the results of trading on the NYMEX has fallen to 61 cent or 0.8% to 76.01 dollars per barrel of. Today’s session at the leading U.S. markets opened lower certain stock indices. In the first minutes of trading, the Dow fell 0.6% to 10,299.64 points, the S & P 500 lost 0.5% of the value, dropping to 1091.04 points, Nasdaq Composite Index has fallen in price by 0,7% to 2,234.04 points. The vast majority of the shares that make up the Dow opened the session in the red area, and unique leader in the fall of the paper were Bank of America, collapsed at 5%. Today the bank has provided the results of quarterly reporting, and despite the fact that they exceeded analysts’ forecasts, results of operations have been worse than a year ago.

Ukrainian Globalist
2010-07-16 20:17, Economics.

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2 comments к “Collapse: Gold prices fell, as the DJIA dropped to the minima of the week today”

  1. Имя Says:


  2. gold bullion Says:

    I am glad to read about this. Thank you so much!

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