DJIA is ready to drop, Google Inc. (NASDAQ: GOOG), Ford Motor (NYSE: F) and Microsoft (NASDAQ: MSFT) lost last chance

The Dow Jones Industrial spends a terrible trading day

In brief: The Dow Jones Industrial Average remains vulnerable and declining in price. Google Inc. (NASDAQ: GOOG) loses its foothold. Microsoft Corporation (NASDAQ: MSFT) and Ford Motor Co. (NYSE: F) fell even faster.

The Dow Jones Industrial Average decreased by 2,2% in late trading. Microsoft Corporation (NASDAQ: MSFT) is about 24.7 points, losing -0.33 (-1.32%). Ford Motor (NYSE: F) falls off at -3.79%. Google Inc. (NASDAQ: GOOG) shares fell to 493.28 points, decreasing to -10.43 (-2.07%).

U.S. budget deficit in July totaled 165 billion dollars against the expected 169 billion dollars. This deficit is fixed 22-second consecutive month (historically record series). U.S. stock market the first half of the trading session was marked by a sharp fall. Major indexes opened with gap down and consolidated at the current levels. The reason was the bundle of negative economic news from the U.S. and China. U.S. trade deficit widened to $ 49.9 billion in June, the Fed lowered its growth forecasts for the U.S. economy, citing the “slowdown in manufacturing and employment.”

Anrey Torbinski
2010-08-11 18:46, Economics.

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