Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

U.S shares continued plunge in closing…  Join our daily free Newsletter

MENAFN - ecPulse - 08/10/2012

No. of Ratings : 0
Add to Mixx!


 


Although there is a lack of data today being Columbus Day yet we watch the worlds leading economy shares plummet as soon as the local stock market opened till that it closed following last week’s advance in benchmark indexes, as European finance ministers prepared to meet to discuss the region’s debt crisis.

As of 4:15 p.m. New York time Dow Jones Industrial Average slid 26.50 points, or 0.19 percent, to 13,583.65 while that the Standard & Poor’s 500 Index decreased 5.05 points or 0.35 percent to 1,455.88 and the Nasdaq Composite fell by 23.83 points or 0.76 percent to 3124.51.

Now Apple, the world’s most valuable company, slumped 2.2 percent and dropped below 600 billion in market value.

Plus Facebook Inc., operator of the biggest social networking company, slid 2.4 percent after being downgraded at BTIG LLC. Netflix Inc., the world’s largest video-subscription service, advanced 10 percent after the shares were raised at Morgan Stanley.

As for the dollar index, which measures the strength of the green Benjamin in front of a basket of major currencies, it rose faintly to 79.55 to record a high of 79.70 and a low of 78.71 while that the black gold to fell faintly to 89.39 a barrel a high of 89.86 per barrel and a low of 88.21 per barrel.

 


 






  MENA News Headlines


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help