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NEW YORK – stocks fell for a fourth day Tuesday with regard to a slowdown in China and spoke Irish banks combined rescue plan to push the Dow Jones industrial average to its greatest loss a day since August.

Asian markets has begun a global sell-off after Korea South Central Bank raised interest rates to curb inflation .Actions also fell in Shanghai and Hong Kong as speculation that China spread take measures to control the pace of its economy growing, which could curb global demand industrial products.

"The fact that China is taking measures to tighten things out there is having an effect training big here," said Bruce Simon, Officer Chief Investment Ballentine Partners.

In Brussels, European Finance Ministers brought an end to a meeting without an agreement to augment Ireland.However, civil servants he says that they go ahead with the preparations to support troubled banks in the country.

The Dow Jones industrial average fell 178.47 or 1.6%, 11,023.50. It dipped below from 11,000 to day for the first time since October 20 .Wal-Mart Stores Inc.., and Home Depot Inc. were the only two companies to increase among the 30 stocks that make up the Dow Jones index.

Standard & Poor 500 index fell annex or 1.6%, to 1, 178.34 .the ' index Nasdaq composite fell 43.98 or 1.8% to 2,469.84.

All groups in industry 10 standard and Poor 500 index followed by most professional money managers fell.Companies in the energy and materials industries lost terrain.Les more two groups dropped by more than 2%.

The prices of products also suddenly fell as risky active investors provides a lower demand for materials base of China. The dollar jumped 0.9% against six other currencies investors seeking security index.

Stock indices have increased substantially since October following the reports of high corporate profits and the introduction by the Federal Reserve $ 600 billion stimulus plan. Some investors may have taken as an opportunity to sell global economic concerns.

As Asian countries who treated excessive economic growth and inflation, European Finance Ministers a bailout for the Ireland banks hoping to prevent another crisis of confidence in Europe's financial system. The country has until this denied any external financial assistance.

Greece financial crisis led to an overall in the price of the shares as investors may swoon questioned the ability of Europe to protect the value of their common currency's nations, Greece. euro should be bailed out by other nations European and the international monetary fund.

The Ireland situation is different from the Greece, but their respective debt crises are having similar effects on the marchés.Comme new doubts emerge about the ability to retain its strong financial system, European investors abandon tributary on the dollar, the euro risky stocks and commodities dumping and sending rates of borrowing countries as soaring credit risk.

The Irish bond yields of 10 years is passed to 8.25% 7.94% end lundi.Rendements increase as bond prices fall.Yields are a sign that investors demand more money for their willingness to take the risk of lending to the contrast, the 10-year u.s. Treasury note yields edged 2.85% to 2.95% pays.En.

The Greece fell into financial crisis after runaway spending and a lack of confidence of investors in revelations the Government released figures broken budget .the ' Ireland is staggering under costs to nationalize the three banks after the real estate boom in this country has imploded.

"It was time for some time," Scott Brown, Chief Economist Raymond James and Associates, says European debt problems. "Now he comes to a full boil.?

Brown said that Ireland is more annoying than the Greece Europe because most of the Ireland debt is held by large banks, especially in England.A default by the Ireland could be another blow to banks which have recently recovered from the crisis credit global.Actions of British Colombia banks HSBC and Barclays PLC have two has decreased by 3%.

There are also fears that if the Ireland needs a rescue plan, it will be code investors who hold a debt from other European countries.

The Ireland is a "precursor in Spain," said Quincy Krosby, a Prudential Financial market strategist. ""This is a precursor of Portugal" as well.

Companies of raw materials, which have benefited from China's booming demand, were among the losers in the U.S. trade .Freeport-McMoRan Copper & Gold Inc.. is fell 4.3%, Alcoa was 2.8% and Monsanto Co. has been off the coast of 2.4 per cent.

Prices fell investors worried that a slowdown in Asia would dampen the demand for agricultural products and agricultural as corn, soybeans and wheat, which all have dropped more than 5 %.Or métaux.Produits decreased by 2.2 per cent to $1,338.30, while silver fell 3.2% to $25.22.

Shares fell overseas .the ' Stoxx 50 index which tracks blue chip companies in Europe, is fallen to 2.5 per cent.Nikkei of Japan declined 0.3 percent, and Shanghai China composite index fell 4 percent.

Six stocks fell for anyone that is passed to the New York Stock Exchange where are come to consolidated volume 5.2 billion shares.

? 2010 The Associated rights Press.Tous réservés.Ce hardware cannot be published, broadcast, rewritten or redistributed.

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