Sunday, June 8, 2008

US market falls...

Todays market report announce that the US crude oil price has increase to the highest level if compared to the preview month and reach to a new high. Because of oil price increase and the unemployment, US economy are in the recession as the GDP is slow down. Dow Jones Induatrial Average Index, Nasdaq, and S&P index could not stand with the bad economic and was drop dramatically. Dow jones was seriously drop by >3%, about 400 point to make it become a highest day drop since february 2007. Then, nasdaq, and S&P index also cannot be exempted. Since the crude oil price in US increase, thus it is believe to be effect the world's economic, especially for the developing countries.

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