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    The Three Major Indexes Of New York Stock Market Fell Across The Board.

    2011/8/20 10:42:00 48

    New York Stock Market Three Big Stock Index Falls

    Investors' sovereignty over Europe

    debt

    Worries about the spread of the crisis and the stagnation of the US economic recovery continue to perplex the market. On the 19 day, the New York stock market continued to decline, and the three major indexes closed down more than 1.5%.



    Investors worry that the risk of global economic growth, especially in Europe and America, will lead to the stock market.

    Fall

    Following Morgan Stanley's reduction in global economic growth expectations on the previous day, JP Morgan in a 19 report lowered the US fourth quarter economic growth forecast from the previous 2.5% to 1%, and reduced the US growth forecast to 0.5% in the first quarter of next year.


    In addition, investors are very concerned about the 26 annual meeting of the global central bank. Investors expect the Federal Reserve to launch a new round of quantitative easing monetary policy at this meeting.


    By the end of the New York stock market, Dow Jones's 30 industrial stocks averaged

    Price

    The index fell 172.93 points compared to the previous trading day, closing at 10817.65 points, or 1.57%.

    The standard & Poor's 500 stock index fell 17.12 points to 1123.53 points, or 1.50%.

    The Nasdaq composite index fell 38.59 points to 2341.84 points, or 1.62%.


     
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