New York - As a result of market players to ignore the inflation that occurred in the United States, this weekend's U.S. stock market concern. This is also due to poor earnings reports a number of firms in the U.S. so the impact on the decline in consumer confidence.
Dow Jones stock index plunged as far as 100.85 points, or 0.79 percent to 12,595.07 at the close of trading positions yesterday. Not much different, the S & P 500 index also declined by 10.95 points, or 0.81 percent, to 1,337.70. Meanwhile the Nasdaq index was also plummeted as much as 34.57 points, or 1.21 percent to 2,828.47.
"Today the financial markets continue to behave volitale as the impact of economic development rather than just the United States, but also the development of global economy," said analysts at DA Davidson & Co., Frederic Dickson, as quoted by AFP on Saturday (14/05/2011)
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