The US stock indices fell on Thursday. The shares of such companies as Bank of America, General Electric, Intel etc. decreased amid disappointing data on the housing and labor markets of the USA, which raised the fears regarding the recovery paces of the global economy.
By the end of the deals Dow Jones Industrial Average Index moved down by 41,49 points or by 0,42% to 9732,53 points, the lowest closing level from October 30, 2009. The index drop had been observed for the sixth straight day, last time it was in January. Nasdaq Composite Index lost 7,88 points or 0,37% to 2101,36 points, the lowest closing level from November 04, 2009. Standard & Poor's 500 Index declined by 3,34 points or by 0,32% to 1027,37 points, the lowest closing level since October 02, 2009.
The worst results were shown by the Bank of America – its shares turned down by 35 cents or by 2,4% to 14,02. General Electric shares went down in value by 30 cents or by 2,% to 14,12 dollars, and Intel papers lost 20 cents or 1% to 19,25 dollars.
The index lowering took place after the data release according to which the number of house sale contracts in the USA reduced in May by 30%, a month later after the end of the tax remission validity period for house buyers. Apart from this, the purchasing manger index of the production sector lowered more substantially than expected, and the jobless claims rate rose unexpectedly this week.