Pig Flu News, Wall Street slump

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Index Dow Jones Industrial Average down 8.05 points thin, or 0.10 percent, to be closed at 8016.95, in a trading session that shows the change in the moderate swing both directions, as quoted from the AFP.

Composite index Nasdaq technology stocks recede 5.60 points, or 0.33 percent, to be 1673.81 and the index Standard & Poor `s 500 lost 2.35 points, or 0.27 percent, to be 855.16.

Trade progress carefully because the health officials to increase their level of alert and the victim died as a result of swine flu reaches more than 150 people in Mexico.

In addition, investors worrying Wall Street Journal reports that the Federal Reserve has suggested Citigroup and Bank of America, that they need to strengthen the capital following a "stress tests" (endurance test) conducted by the authority.

But the atmosphere appears bright, after the Conference Board reported consumer confidence in April index increase to 39.2 from 26.9 a month earlier, in the middle of a signal of hope for consumer spending, the main stimulus to U.S. economic activity.

Ian Shepherdson, chief U.S. economist at High Frequency Economics, dub survey is "a pleasant surprise," but cautious that the "amount is still very weak."

Other results of the survey looked as a potential transition points for the economy.

Wall Street and other markets still focused on the emergence of swine flu.

Patrick O `Hare from Briefing.com, said the action the market recently, giving the impression" the market fears of swine flu, but not entirely frightening experience such as that provided by the SAR and the bird flu. "
Markets are also awaiting the results of a two-day Federal

Reserve on Wednesday, estimated that central banks still retain credit longgarnya in an effort to lift economic terpuruk.

"The Fed probably will continue to appoint weakening automotive and housing markets and in employment because berlanjutnya risk in the economy," said Fred Dickson of DA Davidson & Co..

"The statement the Fed may temper the growing expectations of the investors that the economy is ready terbawahnya out of position."

Among stocks in focus, shares, Pfizer down 0.74 percent to 13.39 U.S. dollars, after reporting labanya exceeded expectations, but the prospects for the remaining 2009 is still bleak.

IBM increased 1.99 percent to 101.94 U.S. dollars as the computer giant perusahaa this increase dividennya.

The retailers are also responding to consumer trust membaiknay, with Wal-Mart down 0.08 percent to 48.47 dollars and Home Depot rose 0.73 percent to 26.07 U.S. dollars.



Dalam program ini tersedia dana dengan jumlah tak terbatas yang berasal dari ribuan sumber sehingga memungkinan bagi siapa saja untuk mendaftar dan berpeluang mendapatkan dana hibah, tanpa syarat!
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