China's stock market fell slightly on Friday, midday off their session lows, as investors in the last day of the quarter gloomy economic data and a series of mixed foreign domestic economic data to digest. This quarter is the worst performing stocks over the years, a quarter.
The Dow Jones industrial average stock index fell 33 points before and after lunch, to 11,121 points, down 0.3%, substantially plate oscillation. Earlier there was triple-digit Dow's point drop, fell slightly after the turn. As of Thursday's close, the Dow has fallen this quarter, 10 percent, the highest since the first quarter of 2009 the biggest quarterly percentage drop since the end of 2008 and the biggest point decline quarter. Standard & Poor's 500 index fell 9 points to 1151 points, down 0.8%.
The Nasdaq composite index fell 20 points to 2461 points, down 0.8%. This quarter is the worst of these two indices over the years, a quarter. Eurozone September consumer price index (CPI) increased more than expected to make an overseas trading session of the popular frustration, many investors so that the rise in inflation that the ECB (European Central Bank) cut interest rates less likely.
HSBC Holdings plc (HSBC Holdings PLC, referred to as: HSBC Holdings) Friday, September HSBC China Manufacturing Purchasing Managers' Index (PMI) the final value of 49.9, and 8 were unchanged. The data show a slight decline of China's economy and sparked concerns about China's economic growth. U.S. economic data were mixed.
U.S. Department of Commerce (Commerce Department) said on Friday, August personal income in the past two years the first time down. This is the U.S. consumer is still difficult situation of another sign. But the Reuters / University of Michigan consumer confidence index shows that the end of September consumer confidence in the economy had improved. September, Institute for Supply Management - Chicago Purchasing Managers Index (PMI) is higher than economists expected. Before this, Warren.
Buffett (Warren Buffett) to CNBC that Berkshire Hathaway has been of concern to begin the stock repurchase program, and U.S. President Barack Obama (Obama) appreciates the efforts to boost the economy, the stock market recovered some lost ground. But his remarks failed to change the pessimistic tone of trading on Friday. Financial, industrial and materials stocks dragged down the Standard & Poor's 500 Index lower. U.S. Alcoa (Alcoa) led by blue chips, the stock fell 2.5%. Financial stocks in the Dow in the drop top.
Bank of America (Bank of America) fell 2.2%, JP Morgan Chase (JP Morgan Chase) fell 1.7%. Individual stocks, Micron Technology, Inc. (Micron Technology) fell 12%. The company posted fourth-quarter loss, rather than analysts had expected a small profit, for personal computer memory decline in average selling prices of its negative impact on sales and margins. Ingersoll-Rand Company (Ingersoll-Rand) fell 14%.
The company had lowered its current-quarter revenue and profit expectations, because of its consumer-related businesses and weak demand for commercial security business. Orion Marine Group fell 1.6%. The company said earlier that its market is facing difficult times of uncertainty, weak economic growth and delays in federal spending will continue to make it in the foreseeable future profit margins under pressure.
In addition, according to "The Wall Street Journal" reported that McGraw - Hill Companies (McGraw-Hill) is the Standard & Poor's index of business will be (S & P Indices) with the Chicago Mercantile Exchange Holdings (CME Group)'s Dow Jones index of business (Dow Jones Indexes) merger talks in depth with the latter. If the transaction is completed, the Chicago Mercantile Exchange will hold about 25% of the shares.
The Dow Jones industrial average stock index fell 33 points before and after lunch, to 11,121 points, down 0.3%, substantially plate oscillation. Earlier there was triple-digit Dow's point drop, fell slightly after the turn. As of Thursday's close, the Dow has fallen this quarter, 10 percent, the highest since the first quarter of 2009 the biggest quarterly percentage drop since the end of 2008 and the biggest point decline quarter. Standard & Poor's 500 index fell 9 points to 1151 points, down 0.8%.
The Nasdaq composite index fell 20 points to 2461 points, down 0.8%. This quarter is the worst of these two indices over the years, a quarter. Eurozone September consumer price index (CPI) increased more than expected to make an overseas trading session of the popular frustration, many investors so that the rise in inflation that the ECB (European Central Bank) cut interest rates less likely.
HSBC Holdings plc (HSBC Holdings PLC, referred to as: HSBC Holdings) Friday, September HSBC China Manufacturing Purchasing Managers' Index (PMI) the final value of 49.9, and 8 were unchanged. The data show a slight decline of China's economy and sparked concerns about China's economic growth. U.S. economic data were mixed.
U.S. Department of Commerce (Commerce Department) said on Friday, August personal income in the past two years the first time down. This is the U.S. consumer is still difficult situation of another sign. But the Reuters / University of Michigan consumer confidence index shows that the end of September consumer confidence in the economy had improved. September, Institute for Supply Management - Chicago Purchasing Managers Index (PMI) is higher than economists expected. Before this, Warren.
Buffett (Warren Buffett) to CNBC that Berkshire Hathaway has been of concern to begin the stock repurchase program, and U.S. President Barack Obama (Obama) appreciates the efforts to boost the economy, the stock market recovered some lost ground. But his remarks failed to change the pessimistic tone of trading on Friday. Financial, industrial and materials stocks dragged down the Standard & Poor's 500 Index lower. U.S. Alcoa (Alcoa) led by blue chips, the stock fell 2.5%. Financial stocks in the Dow in the drop top.
Bank of America (Bank of America) fell 2.2%, JP Morgan Chase (JP Morgan Chase) fell 1.7%. Individual stocks, Micron Technology, Inc. (Micron Technology) fell 12%. The company posted fourth-quarter loss, rather than analysts had expected a small profit, for personal computer memory decline in average selling prices of its negative impact on sales and margins. Ingersoll-Rand Company (Ingersoll-Rand) fell 14%.
The company had lowered its current-quarter revenue and profit expectations, because of its consumer-related businesses and weak demand for commercial security business. Orion Marine Group fell 1.6%. The company said earlier that its market is facing difficult times of uncertainty, weak economic growth and delays in federal spending will continue to make it in the foreseeable future profit margins under pressure.
In addition, according to "The Wall Street Journal" reported that McGraw - Hill Companies (McGraw-Hill) is the Standard & Poor's index of business will be (S & P Indices) with the Chicago Mercantile Exchange Holdings (CME Group)'s Dow Jones index of business (Dow Jones Indexes) merger talks in depth with the latter. If the transaction is completed, the Chicago Mercantile Exchange will hold about 25% of the shares.
