The European Sovereign Debt Crisis Continues To Proliferate; &Nbsp; &Nbsp; The 12 Major Stock Indices Are Collectively Low.

Because investors are right. European sovereign debt crisis Worries about continued proliferation are still troubling the market. Last Friday, the world's major stock markets plummeted and the three major U.S. stock indexes in New York closed down. In most markets, the Hang Seng Index, the German CAC40 index and the Dow Jones European 50 index fell by more than 3% in a single week.

Industry analysts believe that the market is likely to continue to consolidate before there is any new good.

　 Market worries about Europe's debt crisis

After a period of silence, the European sovereign debt crisis has again become the focus of the market. After Ireland agreed to the financial rescue, investors' anxieties were not alleviated. Instead, they shifted their focus to Portugal, Spain and other countries with the same debt problem. This has led investors to worry that the sovereign debt crisis will spread to other parts of the eurozone. The Spanish stock market suffered a heavy fall that day, and the Ibex 35 index fell 1.8%.

In addition, the United States, Europe and the Asia Pacific Region 12 major indexes Last Friday also Collective decline However, most of the stock indexes fell by less than 1%.

At the close, Dow Jones 30 industrial stock price index fell 95.28 points over the previous trading day, closing at 11092 points, or 0.85%. The standard & Poor's 500 stock index fell 8.95 points to 1189.40 points, or 0.75%. The Nasdaq composite index fell 8.56 points to 2534.56 points, or 0.34%.

London's stock market in Europe dropped by 0.5%, while French and German stock markets fell slightly. In addition, the Asia Pacific stock market also fell, and the A share index fell nearly 1%.

　　 Global stock market short term or concussion

Although the market is worried about the European debt crisis, the US stock market has entered the peak season of consumption. The consumption boom may partially offset the concerns of the market. Therefore, some market participants said that before the obvious favorable factors came out, the US stock market, as a global stock vane, should maintain a concussion trend in the short term.

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US consumption season

Beneficial stock market

Last Friday was just the second day of the traditional American holiday. Traders said that the day after the festival was usually seen as the beginning of the sales period of the US holidays. "The short season of consumption is expected to prevent the stock market from going too fast."

According to the American Retail Federation, Americans will spend about $447 billion during holiday shopping this year, an increase of 2.3% over the same period last year. About 138 million of Americans will go shopping last weekend, compared with 134 million in the same period last year.