Sunday, August 29, 2010

There's New Hope of the U.S. Central Bank

There's New Hope of the U.S. Central Bank ; There is new hope of the Federal Reserve or Central Bank of the United States to more aggressively facilitate the economic growth the country Superpower. Federal Reserve Governor Bernanke to convince Wall Street that the Fed would be more aggressive use of the instruments after the U.S. Government lowered its economic growth forecasts.

Earlier, the U.S. financial markets looked panic after the U.S. lowered its economic growth target from 2.4 percent to 1.4 percent for the third quarter of this year, a perlambanan significant economic growth for the financial markets of Wall Street.

Stocks on Wall Street hit by selling pressure triggered the Dow Jones index falling again below 10,000. The fall of the Dow Jones index for the first time in nearly two months because investors fear there sharply revised U.S. economic growth.

The action has sparked fears of investors selling to various leading shares on Wall Street. Most heavy investor selling pressure comes a day ahead of the release of revised U.S. economic growth numbers quarter II/2010. Technology sector stocks recorded the biggest penurunaan, among others, Cisco Systems shares were cut by 2.4 percent and shares of Intel slipped to 1.6 percent. In trading Thursday (26 / 8), the Dow Jones closed down 74.25 points (0.74 percent) to a level of 9985.81. Index Standard & Poor's 500 fell 8.11 points (0.77 percent) to a level of 1047.22 and the Nasdaq slumped 22.85 points (1.07 percent) to a level of 2118.69. The market had recorded an increase in early trading but stock prices fell back amid fears the U.S. economic recovery.

Earlier, on Tuesday (24 / 8), shares on Wall Street also weakened due to the falling home sales in the United States. Because it is increasingly sparked investor worries about the economic recovery is still not complete. Dow Jones index plunged 133.96 points (1.32 percent) to a level of 10 040, 45. This happened shortly after the downfall of the National Association of Realtors reported home sales drop in numbers during July to its lowest point since July 2009 sales which amounted to 5.14 million units.

After a 'guarantee' from the Fed that the easy money policy will still be running an aggressive, Wall Street re-bloom. In trading late last week the Dow Jones index soared 164.64 points, or returns of 1.65 percent to 1150.65.
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