DJ Fed Beige Book: Econ 'Generally Weak,' Consumers 'Pinched'
June 11th, 2008
WASHINGTON (Dow Jones)--The U.S. economy remained weak through May, a roundup of reports from regional Federal Reserve districts released Wednesday showed, as consumers were "pinched" by rising food and energy prices and labor markets softened.Posty powiązane:
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U.S. stocks fell sharply and the Dow Jones Industrial Average dipped below 12000 for the first time since March 18 as financial fears - and oil prices - rose again.
Financial names continued to push U.S. stocks into the red Friday, with the Dow Jones Industrial Average nears its lowest mark since March 17.
Another boom for crude oil prices pushed stocks further into the red late Friday afternoon, with the Dow Jones Industrial Average looking to close at a level not seen since March 17, the first day of trading after the collapse of Bear Stearns.
Główne indeksy na nowojorskiej giełdzie zanotowały duże spadki. Indeks największych firm Dow Jones stracił ponad 200 punktów i osiągnął poziom najniższy od trzech miesięcy.