The Three Major U.S. Stock Indexes Fell &Nbsp On Thursday, And The Dow Fell 512 Points.
As of 4:00 pm Eastern time,
Dow Jones
The industrial average fell 512 points, or 4.31%, to 11384.
NASDAQ
The composite index fell 137 points, or 5.08%, to 2556 points.
Standard & Poor's
The 500 index fell 60 points, or 4.78%, to 1200.
The pan European Dow Jones index closed down 3.43% at 243.30 on Thursday, the lowest closing point since July 2010.
The pan European Dow Jones index has fallen for fifth consecutive trading days, and the index also dropped nearly 2% on Wednesday.
The London Metal Exchange's three month benchmark copper contract closed at $9355 per ton on Thursday, Wednesday.
Closing quotation
The price is $9530 per ton.
The contract fell to $9345.25 per ton during the day, the lowest price since July 1st.
The New York Mercantile Exchange's main gold contract in December fell $7.30, or 0.4%, at $1659 an ounce.
The main contract rose to a record high of $1684.90 an ounce, and fell to $1642.20 an ounce.
The New York Mercantile Exchange's main oil contract in September fell $5.30 to settle at $86.63 a barrel, or 5.8%, on September.
This is the fifth consecutive trading day that the contract has fallen, and the largest single day decline since May 5th, the 8.6% day decline.
With investor risk aversion rising, treasury bond prices soared, pushing the yield of 2 - year treasury bonds to a record low.
Global stock markets plunged on Thursday amid concerns about the slowdown in the US economy and the worsening of the debt crisis in Europe.
When investors fear rising, they usually buy treasury bonds as investments.
Haven
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The French Republic court decided to launch a judicial investigation on the alleged abuse of power during the French economic, finance and Industry Minister Christina Lagarde's decision on the 4 day of the IMF.
The European Central Bank (ECB) announced Thursday that it will keep its benchmark interest rate unchanged at 1.5%, which is in line with market expectations.
The Bank of England Monetary Policy Committee (MPC) announced on Thursday that it will keep its benchmark interest rate at a record low of 0.5%, which is in line with market expectations.
Under the relatively mild economic growth in the UK, the Bank of England has decided to keep the benchmark interest rate unchanged to promote economic growth.
The US Labor Department released its first application for unemployment benefits last week on Thursday.
Data show that in the week ending July 30th this year, the number of jobless claims in the United States dropped from 1000 to 400 thousand.
A senior US official said on Thursday that the United States did not support or participate in the Japanese government's intervention in the foreign exchange market that day.
The report said the Japanese government intervened in the foreign exchange market again during the Asian trading session on Thursday, trying to stop the further rise of the yen exchange rate.
This is the first intervention of the Bank of Japan after the March earthquake and tsunami.
At present, the Japanese yen has reached its all-time high against the US dollar.
GM said Thursday that the company achieved a profit of $2 billion 500 million in the second quarter of this year, almost two times that of the company in the same period last year.
In the second quarter of 2010, General Motors made a profit of $1 billion 300 million.
The company achieved a profit of $1.54 per share in the current quarter, and the company achieved a profit of 85 cents per share during the same period last year.
Kaf Foods announced that the company achieved a profit of $976 million in the second quarter of 2011, an increase of 4.2% over the same period last year, and the company achieved a profit of 937 million dollars in the same period last year.
The company earned 55 cents per share in the fiscal season, which was 53 cents a share in the same period last year.
At the same time, it announced that the company will be divided into two publicly listed companies, one of which is an independent global snack brand, and the rest will become a professional food and beverage company focusing on daily products.
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