As of 11:00 am EST, the Dow Jones Industrial Average fell 67.46 points to 8531.72 points, or 0.78 percent. Dow 30 kinds of constituent stocks in a total of 23 stocks fell.
Alcoa (AA) fell 7.8 percent, Deutsche Bank cut its rating from "hold" to "sell", the United States last week, Alcoa announced that it would cut production and lay-offs.
Alcoa will release results after the close, analysts expected a quarter of its loss per share of 10 cents.
Citigroup (C) fell 10.8 percent, according to reports, Citigroup and Morgan Stanley (MS) has been basically reached an agreement after the merger of both operations. Morgan Stanley rose 4.9 percent.
Standard & Poor's 500 index fell 11.32 points to 879.03 points, or 1.27 percent; Nasdaq composite index fell 16.71 points to 1554.88 points, or 1.06 percent.
Intel (INTC) fell 2.2 percent, the company will release results Thursday. Intel and Wal-Mart (WMT) results released last week forecast disappointed the market.
Downlink because of the global economy so that investors feel uneasy demand for crude oil, crude oil futures fell 6 percent to below 40 U.S. dollars a barrel. New York Mercantile Exchange, February delivery of crude oil futures fell 2.55 U.S. dollars to 38.29 U.S. dollars a barrel.
Worrying because of the global economic outlook and dragged down by oil stocks, the European stock market trading day fourth consecutive decline.
By iron and steel shares and mining stocks dragged Asian stock markets fell Monday.
Last Friday, U.S. stocks trading days for the third straight decline, the U.S. government data showed the unemployment rate in December of the previous 6.8 percent in January rose to 7.2 percent.
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http://mengziren.blogspot.com
Alcoa (AA) fell 7.8 percent, Deutsche Bank cut its rating from "hold" to "sell", the United States last week, Alcoa announced that it would cut production and lay-offs.
Alcoa will release results after the close, analysts expected a quarter of its loss per share of 10 cents.
Citigroup (C) fell 10.8 percent, according to reports, Citigroup and Morgan Stanley (MS) has been basically reached an agreement after the merger of both operations. Morgan Stanley rose 4.9 percent.
Standard & Poor's 500 index fell 11.32 points to 879.03 points, or 1.27 percent; Nasdaq composite index fell 16.71 points to 1554.88 points, or 1.06 percent.
Intel (INTC) fell 2.2 percent, the company will release results Thursday. Intel and Wal-Mart (WMT) results released last week forecast disappointed the market.
Downlink because of the global economy so that investors feel uneasy demand for crude oil, crude oil futures fell 6 percent to below 40 U.S. dollars a barrel. New York Mercantile Exchange, February delivery of crude oil futures fell 2.55 U.S. dollars to 38.29 U.S. dollars a barrel.
Worrying because of the global economic outlook and dragged down by oil stocks, the European stock market trading day fourth consecutive decline.
By iron and steel shares and mining stocks dragged Asian stock markets fell Monday.
Last Friday, U.S. stocks trading days for the third straight decline, the U.S. government data showed the unemployment rate in December of the previous 6.8 percent in January rose to 7.2 percent.
Original article reprint please specify: Reprinted from
http://mengziren.blogspot.com
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