Wall Street falls after investor concerns that the Fed will pull the stimulus package or injected funds to help the economy. Currently the Fed continued to hold interest rates scale as expected by the market, but the Fed also will reduce loans to buy housing sector until the end of March 2010. This is seen [...]
Asia dragged Shanghai Stock Correction
As European bourses stong trend continues, some of the major exchanges in Asia have a correction because it dragged quite a decrease in the Shanghai stock exchange today. Shanghai closed down 54.83 points (1.89%) to the 2842.72 level. And at the opening of trade this morning, Shanghai was still in positive territory. But entering the [...]
Home Sales data, trigger Dow Jones Down 41 Points
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 [...]
