Us Stocks Fall Amid Banking Concerns

There are three distinct time frames that set down the stage for today's style of currency stock trading. The first time frame is the precurrency era of the 1950s. The second time frame may be the worldwide volatile political atmosphere of the 1970s. The third time frame is what has occurred in this particular free market economy since its liberation 30 years prior. In each time frame there have been three catalysts-war, gold, and foreign banks-which have played a significant role in propelling currency development.

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Analogic (ALOG_), a provider of medical imaging and aviation security technology, reported third-quarter earnings of 54 cents a share, beating the average analyst estimate of 44 cents a share.





"We've any rough lot of days, with bond yields approaching 5%. This market has been strong, that makes it an excuse to take money off the table, but this move is clearly interest-rate driven," Jay Suskind, director of trading at Ryan, Beck & Co, told MarketWatch.

"Over introduced there are going to trillions of dollars in stock which do not exist anymore and cash will will need to wait somewhere. Its going to go into the remaining stocks," Michael Williams managing director of Beamreach Trust in New York, was quoted by Bloomberg.

The Dow Jones Industrial Average gotten 14 points on Thursday, closing at 12,285 on your gain of 12 basis points (0.12 percent). The S&P 500 gained just one single little basis point (0.01 percent) accomplish at 1,314. The Nasdaq Composite lost 5 basis points (0.05 percent) to terminate the vacation to 2,760.

Rising oil prices put weigh on consumer discretionary stocks which led the decliners of your day. The dollar fell 5.4% to 83.61 Japanese yen. The dollar index also hit its lowest level in eight months. Site T & K Futures president Michael K. Smith, the dollar is lower and there was much money out there chasing the safe-havens of silver and gold.

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