Dow Jones winning trend finished and oil prices drop.

Genehog

Active Trader
Nov 14, 2009
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The Dow Jones six-day winning trend finished on Thursday after a drop in oil prices pulled energy stocks lower in CFD´s trading software and a reserved perception from Wal-Mart concerns about consumer spending. Traditionally, an increase in oil prices raises inflation rates and it reduces the rates of consumers spending. The Dow Jones industrial index is an average of the stocks from the 30 main industrial companies in the USA.

U.S. dollar increased because after policymakers around the world warned the economic recovery was unstable, opposing the announcements made by Mr. Bernanke about the financial crisis overcome. This increase in US dollar was another factor of the fall in…

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All the best,

Gene