Wall Street slides together between two years maximum

NEW YORK – Future actions are pointing to a lower start to the week after that completed significant market indicators week last at their highest level for more than two years.

With no major economic reports scheduled for Monday, traders will probably a second look parade led indications of market at levels not seen since Lehman Brothers has collapsed in September Dow Jones industrial average 2008.La climbed 2.9% last week, while wide standard and Poor 500 index rose 3.6%.

Future average opening Monday, industrial Dow Jones Futures is down 12 or 0.1% of 11,364.Term for standard and Poor 500 index is down 2.1, or 0.2 percent, to 1,219.50, while the Nasdaq 100 Futures is down 6 or 0.3%, 2,178.75.

Stocks have risen in recent weeks on the better than expected corporate earnings reports and the introduction of a bond by the Federal Reserve which aims to stimulate the economy .the Central Bank purchase program announced last week it intends to buy 600 billion in government bonds in the middle of the year next to lower interest rates drive and stimulate spending.

The dollar is 0.6 percent against a broad basket of currencies .the ' euro fell 1.1% of recent summits, $1.39 trade after reaching $1.40 to the close of trading Friday.

Foreign markets were mixed. The Euro Stoxx 50, an index that tracks business in Europe, is decreased by 0.2 %.Référence index composed of Shanghai China increased by 1.0%.

Before the opening of the market, Chrysler announced that it will raise its benefits throughout the year, despite the loss of 84 million in the third trimestre.Cette forecasts loss is smaller than $ 172 million the company lost in the second quarter.The company stated that a new version of her Jeep Grand Cherokee has led new sales.Chrysler has been managed by the Italian manufacturer Fiat SpA since bankruptcy protection he left last year and should announce an initial public offering in 2011.

Traders will have a better indication of expenses later in the week, as several large retailers advertise consumer gains.Corp. of the Kohl of Macy and J.C. Penny Co. Inc. will publish their gains in third quarter begins mercredi.détaillants as Gap Inc. and Macy has increased more than 8% week last on the better than expected October sales which suggest that consumers will increase their spending the holiday period.

The Group of 20 industrialized countries and developing leaders will meet on Thursday and Friday at Séoul.Les tensions grew between the Group concerning trade imbalances and respective strength of the Chinese yuan and the representatives of several countries dollar.Les criticized bond purchase programme the Fed concern that it will trigger bubbles in emerging economies.

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


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