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Dow Jones indexes fell 1.9 %, S&P 500 1.9 %, Nasdaq 2.3 %

08 July 2009 09:30 (UTC +04:00)

Baku â€“ APA-Economics. The Dow Jones industrials lost 1.9%, to 8,163, the Standard & Poor’s 500 index â€“ 1.9%, to 881,03 and the Nasdaq composite index fell 2.3%, to 1,746 on July 7. According to APA-Economics, the indexes fall due to the fall of oil prices and negative prognosis on the recovering of world economy.
In the European markets, Britain’s FTSE 100 fell 0.19% to 4187,00, Germany’s DAX index declined 1,15% to 4598,19 and France’s CAC-40 fell 1,09% to 3048,57. Macroeconomic indications have an impact on the exchanges. Britainâ€™s industrial output fall 0.5%, despite that the analysts forecast its increase by 0.2%.
In the oil sector, Total lost 1.2%, Royal Dutch Shell â€“ 0.4%, Cairn Energy â€“ 1.3%, Repsol â€“ 1.6%. Cement producers Lafarge and Holcim lost respectively 1.6% and 0.9%.
The session was successful for the financial sector. Standard Chartered rose 1.8%, Barclays â€“ 1.1%, BNP Paribas â€“ 1.2%, Commerzbank â€“ 0.9%.
The dollar price against euro was 1.3887 (-0.66%).