5/12/11

Wall Street Closed, The impact of declining oil prices

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Jakarta : Wall Street Stock at the close of trading on the stock market on Thursday (12 / 5) early days has decreased significantly. Back drop in oil prices sent shares of United States fell on Wednesday (11 / 5) local time, because the shares of major energy companies pulled the main index down.

Dow Jones Industrial Average slumped 130.33 points (1.02 percent) to 12,630.03 at the close of trading. The S & P 500 lost 15.11 greater (1.11 percent) to 1342.05, while the technology-heavy Nasdaq composite index fell 26.83 points (0.93 percent) to 2845.06. Shares of Freeport McMoRan Copper & Gold Inc. and Halliburton Co.. appears to decrease at least 4% in line with monetary tightening kemunginan re-done in that country. Yaho! Inc. decreased by 7.3%. Walt Disney declined by 5.4%.

Analyst Research Vibiz of Vibiz Consulting considers that direction for the U.S. market will still be influenced predominantly by factors in the markets of the financial statements of companies. It is estimated that the Asian trading session on the day ni will likely accompany a decline in the stock closing early this morning.

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