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NEW YORK – Stock market recorded its great weekly fall within three months as a sense of discomfort resumed after the United States failed to rally the leaders of the world to find plans to strengthen global growth.

"The G-20 is very successful for United States," said Kim Caughey Forrest, Fort Pitt Capital Group equity research analyst. " There is a sense that nobody really ideas on how to get out us of here.?

Friday, stocks and commodities has had another failure the concerns that China could put the brakes on its rise in the economy.Cooling of the Chinese economy will slow down the demand for raw materials, and who sent tumbling grain, metal and oil prices.

The Dow Jones industrial average fell 90.52 or 0.80 to 11,192.58 losses led sharp in giant matériaux.Construction and energy stocks Caterpillar Inc., which has major operations in China, fell from 1.40% to $81 and oil company ExxonMobil Corp. fell from 0.84% $70.99.

For the week, the Dow Jones index has been off the coast of 2.2 per cent, his seventh largest weekly fall this year and its biggest weekly fall since the week ending August 13.

Standard & Poor 500 index fell 14.43, or 1.2%, 1,199.21, while the Nasdaq composite index dropped 37.31 or 1.5%, 2,518.21.

The Chinese Government said that the pace of inflation has reached more than two years in October.Markets has taken as a signal that China would be a rate hike to pack on inflation Institute led to a sale on world markets, China offshore in the United States.Shanghai composite index plummeted 5.2%, while Hong Kong Hang Seng decreased by 1.9%.

Gold fell from $37.80, or 2.7%, to $1,365.50 an ounce.Crude oil fell $2.93, or 3.3%, to $84.88 per barrel, while soy plummeted 70 cents, or 5.2%, to $12.69 a bushel.

Its robust economy helped offset slower in developed markets as the United States and in Europe.Many companies as Caterpillar and Corp. McDonald were credited with international sales, particularly in China, as a reason earnings were strong.

Speculation about an increase in rates in China has been little progress was made on a plan to strengthen growth mondiale.Les leaders of the Group of 20, which includes a large developed and new economies, has failed to agree on policies on the handling of trade and currency which could feed protectionism and a trade war.

Other nations refused to adopt a plan to the United States presented to force China to allow the value of its currency to rise.The United States argues that China maintains the value of its currency artificially low because a weak currency makes more attractive and cheaper exports throughout the world.Which, in turn, gives the China an unfair advantage in global markets by assisting its economy to the detriment of others.

The dollar took its slide against the other monnaies.Il had rallied in recent days, especially against the euro, as debt crunch renewed concerns Ireland financial system européen.Une Greece financial crisis in the spring of contributed to shoot stock in the world, and investors hope that Ireland right may its own finances without having to seek a bailout of Greece.

Bond prices fell, sending interest rates more élevés.Le performance note reference 10 years of the Treasury Board, which moves opposite its price is passed to 2.78% 2.65% on the previous day.

Intel Corp. was among the winners a few Friday, $1.51 21.53% after the chip maker said it will raise its dividend 15 percent.

Declining shares more than those who acquire five to one in the New York Stock Exchange where came volume consolidated shares of $ 4.2 billion.

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

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