You are here: Home Business Small Business U.S. stocks rose, Dow up 430 points, The second round of financial crisis ?

U.S. stocks rose, Dow up 430 points, The second round of financial crisis ?

August 10, 2011

Maintain the benchmark interest rate at 0% -0.25% range unchanged, is expected to slow U.S. economic recovery in coming months and warned downside risks are rising. Affected by this, U.S. stocks fell,




FOR IMMEDIATE RELEASE
(Free-Press-Release.com) August 10, 2011 -- Maintain the benchmark interest rate at 0% -0.25% range unchanged, is expected to slow U.S. economic recovery in coming months and warned downside risks are rising. Affected by this, U.S. stocks fell, but the late rise, swept away on the closing day of decline, rose sharply.
As of 4:00 pm EDT, the Dow Jones industrial average rose 429.92 points, or 3.98%, to 11239.77 points; Nasdaq composite index rose 124.83 points, or 5.29%, to 2482.52 points; S & P 500 rose 53.07 points, or 4.74 percent, to 1172.53 points.

New York Mercantile Exchange's main oil contract in September fell $ 2.01 Tuesday to close at $ 79.30 a barrel, down 2.5%. This is the main contract since the end of September 2010 the lowest closing price. The main New York Mercantile Exchange, December gold contract on Tuesday rose $ 29.80 to close at $ 1,743 an ounce, or 1.7%. The contract rose to an intraday $ 1,782.50 an ounce, but also a new record intraday price. European officials responded in an interview Tuesday on the European market, will launch the rumored short-selling ban, the European regulators did not plan to launch Europe-wide ban on short selling. The ban on short selling in Europe will launch rumors in the Greek stock market plunged to 14-year low, the Greek Capital Market Commission launched two months after the stock short-selling ban outgoing. Russian Prime Minister Vladimir Putin said on Tuesday that the Russian government and central bank ready to be necessary for the Russian financial markets into cash in order to stabilize the market. Putin praised the European Central Bank purchases the first Spanish and Italian government bonds to ease the spread of the euro zone sovereign debt crisis of the decision and welcomed the U.S. debt ceiling increase. Germany, Austria, Finland, the Netherlands and the Government of Slovakia have each said they resumed the next few weeks, the Inter-Parliamentary rules of procedure, the schedule approved by eurozone leaders at the July 21 proposal to expand the € 440 billion euro area financial stability fund Scope The proposal is very confident.



Share |


Contact Information

  • Name: newsbloglar

    Email: ***@hotmail.com





Upcoming Trade ShowNew Press NewsNew Exclusive News More Press News

  • Nakshatra When: 2012.02.25~2012.03.04
    Where: New Delhi,India
    Industry: Business Services
  • IFAI Tent Expo 2012
    IFAI Tent Expo 2012 When: 2012.02.26~2012.02.28
    Where: New York,United States
    Industry: Business Services
  • HOTELYMPIA When: 2012.02.27~2012.03.01
    Where: London,United Kingdom
    Industry: Business Services


  • Post your news to the World.See you news here immediately. It's easy and free!
    Create free account or Login.