Kuwait to terminate the joint venture with Dow Chemical to set up the news put pressure on the market and energy stocks offset the positive impact of rising, 29, New York, the three major stock market indexes were lower.
On the New York Stock Exchange was light. Kuwait decided to cancel the establishment of Dow Chemical and petrochemical joint venture. Dow Chemical shares fell 19%. As the market worried that the decision on the Dow also plans to buy Rohm and Haas has dealt a strong blow, Rohm and Haas stock price has plummeted by 16%.
The Standard & Poor's energy sector is big business in 10 plate up only in the plate. On the New York market, international crude oil futures prices rose for a second day because of Israeli air strikes in Gaza continue to lead investors to worry that the Middle East oil supplies might be interrupted. The rise in oil prices to the consumer-related stocks pressure.
New York stock market closed, the Dow Jones industrial average price index over the previous trading day down 31.62 points to close at 8483.93 points, or 0.37 percent. Standard & Poor's 500 index fell 3.38 points to close at 869.42 points, or 0.39 percent. The Nasdaq composite index fell 19.92 points to close at 1510.32 points, or 1.30 percent.
Major European stock markets rose one after another on the same day. London stock market, "Financial Times" 100 Share Index rose 2.4 percent to close at 4319.35 points. Frankfurt DAX stock index rose 1.63 percent to close at 4704.86 points. Paris CAC40 stock index rose 0.47 percent to close at 3130.72 points.
On the New York Stock Exchange was light. Kuwait decided to cancel the establishment of Dow Chemical and petrochemical joint venture. Dow Chemical shares fell 19%. As the market worried that the decision on the Dow also plans to buy Rohm and Haas has dealt a strong blow, Rohm and Haas stock price has plummeted by 16%.
The Standard & Poor's energy sector is big business in 10 plate up only in the plate. On the New York market, international crude oil futures prices rose for a second day because of Israeli air strikes in Gaza continue to lead investors to worry that the Middle East oil supplies might be interrupted. The rise in oil prices to the consumer-related stocks pressure.
New York stock market closed, the Dow Jones industrial average price index over the previous trading day down 31.62 points to close at 8483.93 points, or 0.37 percent. Standard & Poor's 500 index fell 3.38 points to close at 869.42 points, or 0.39 percent. The Nasdaq composite index fell 19.92 points to close at 1510.32 points, or 1.30 percent.
Major European stock markets rose one after another on the same day. London stock market, "Financial Times" 100 Share Index rose 2.4 percent to close at 4319.35 points. Frankfurt DAX stock index rose 1.63 percent to close at 4704.86 points. Paris CAC40 stock index rose 0.47 percent to close at 3130.72 points.
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