The Dow Jones fell 41 points, in trading Thursday local time, as the slump in home sales and oil prices which triggered a number of investors to sell their shares.
As quoted by Reuters on Friday claims the National Association of Realtors that home sales fell 2.7 percent in August, which affected the movement of the index on Wall Street. While the U.S. Labor Department reported that new unemployment claims have an impact on incentives for unemployment fell in the third week of this. Claims for unemployment insurance fell from 21 thousand to 530 thousand.
The strengthening U.S. dollar pushed commodity prices will be cheaper and the impact on the stocks of energy and materials sectors.
The decline came a day after the Fed’s statement that the economy began to recover and will have an impact on capital market gains. Investors are still confident that the economy began to recover, but concerns will be how the persistence of economic recovery are still haunt investors.
Sentiment is carrying the Dow Jones index fell 41.11 points, or 0.42 percent equivalent to 9707.44. Meanwhile, the S & P 500 also fell 10.09 points, or 0.95 percent equivalent to the level of 1050.78, and the Nasdaq index lower 23.81 points, or 1.12 percent equivalent to 2107.61.
