Wall Street ended down moderate local time on Wednesday

BUSINESS INFORMATION -Wall Street ended down moderate local time on Wednesday, as markets do konsolidasia benefits, ignore most of the fall of China's stock market and more expected from the weak sector of data from the manufacturer of the United States.

Index Dow Jones Industrial Average down 26.00 points (0.29 percent) to end at 9070.72 at the end, because the end of the decline in the index strip.

Shrink Nasdaq composite index 7.75 points (0.39 percent) to 1,967.76 and the index Standard & Poor `s 500 down 4.47 points (0.46 percent) to 975.15.

Market may limit the pressure down, still with the existence of a strong positive tone, especially after the company news and economic reports to open interpretation.

Ministry of Trade reported new orders for durable-goods manufacturing for the U.S. fell 2.5 percent in June after two months has increased, a number of weaker than anticipated.

But Peters Morici, economist at the University of Maryland, said, that positive trends in orders excluding aircraft and transportation.

President Barack Obama, said he sees the "end of the beginning of the recession," because the economic indicators and comments from Federal Reserve to give the impression stabilization after a brutal terpuruk.

Separately, Beige Book, the Federal Reserve said the U.S. economy is in pain showed signs of "stable has started" on the lower level after one year more than half a recession.

Bob Dickey of RBC Wealth Management, said stock market still has positive momentum after rising more than 40 percent of the lowest position early this year.

New York markets opened weak after a stunning decline in China, where the main stock index fell 5.0 percent in the worst session this year.

The decline is "get lots of attention from the Chinese people since it seems everyone expects growth to this day," said Patrick O `Hare from Briefing.com.

One negative thing that the market is a staggering increase in U.S. crude oil inventories, because the U.S. Department of Energy reported that consumption down 4.1 percent for four weeks compared with the same period in 2008.

Fears that this economic activity still slow.

"Essential oil down 6.0 percent," said John Ogg's 24/7Wall Street.com.
Technology sector in focus after Yahoo! and Microsoft launched a Web search on the long-awaited partnership that will bring together two market leaders the company against Google, but there is no money to Inject Yahoo!.

Yahoo shares fell 12.08 percent to 15.14 U.S. dollars while Microsoft rose 1.41 percent to 23.80 U.S. dollars. Google had fallen 0.82 percent to 436.24 U.S. dollars.

Sprint Nextel down 11.76 percent to 4.05 U.S. dollars after the telecommunications company reported quarterly rugia a larger than expected.

Oil giant ConocoPhillips reported a fall in profits, down 3.50 percent to 42.86 U.S. dollars, while ExxonMobil, which will release earnings report Thursday, down 0.64 percent to 71.43 U.S. dollars.

While bonds menguat. Unbalanced results (yield) on bonds of 10-year down into 3.664 percent from 3.688 percent on Tuesday and to 30-year bonds down into 4.503 percent against 4.559 percent. Price unbalanced and bonds move in the opposite direction.