Saturday, June 18, 2011

::Gains, Dow Jones Return to Level 12 000>>

Go Finance Reporting in NEW YORK - Stock markets United States (U.S.) began to squirm in the midst of Greece's debt crisis. It is a sign that slowly but surely Europe can overcome the debt crisis that occurred in the region.

As reported by the AFP, in late trade on Friday (06/17/2011) local time, the Dow rose 42.84 points, or 0.36 percent ke12.004, 36. S & P 500 Index also rose 3.86 points, or 0.30 percent to 1271.50, but the Nasdaq Composite index fell 7.22 points, or 0.28 percent, to 2616.48.

In early trading, the stock market positive cloud up after the German chancellor Angela Merkel and French President Nicolas Sarkozy urged fast action to do a new rescue against Greece, but the momentum is fading.

"By the weekend there is a little trepidation and fears of Greek issues, there may be no short-term resolution," said the head of Owen Fitzpatrick of Deutsche Bank's equity.

The Nasdaq index was also weighed by the falling value of the shares of Research in Motion. Shares of BlackBerry manufacturer is dropped more than 21 percent due to disappointing earnings reports. (GoFinance)

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