Wall Street succumbed to the decline ins

Wall Street succumbed to the decline in U.S. home sales.

Victor Martin New York, Aug 24 .- The New York Stock Exchange today succumbed to more data showing the continued decline in U.S. housing market and investors sought refuge in one more day they consider safer securities such as Treasury bonds U.S..

The U.S. debt to ten-year note rose on Tuesday on price and yield, which moves in the, yoville coins, opposite direction, stood at 2.49 percent.

The Dow Jones industrials, the main stock market benchmark New York, has closed with losses the last four sessions and is down 4.06% (-425.26 points) so far this month, shot by persistent data that reflect a weakening of economic activity in the U.S. and further deterioration in the labor market.

This, tera gold, achievement now stock indicators barely finish the session above 10,000 points on a dimension that has been held since 6 July, although at times you lose nothing more to know that the rate of second-home sales hand under the 27.2% in July posted the biggest monthly drop so far.

Investors were already psyched to fit a substantial decline in such, fallen earth chips, sales, but the calculations that the National Association of Realtors on Tuesday diffused were worse than expected and increased the gloom surrounding the evolution of the housing sector and the strength of economic recovery in this country.

The annualized sales rate last month stood at 3.83 million units, compared with a figure of around 4.72 million expected by economists and the 5.26 million recorded in June, revised after low the previous calculations.

On the next day, the stock market will have more data to digest in the housing market, now new home sales should show a slight advance in July from the previous month, according to experts.

We also have the chance to see if durable goods orders rose companies around 3% in July as forecast, after a 1.2% decline the previous month.

Not confirmed these forecasts could speed up the sale of securities on Wall Street, which no longer has the support extended to him in weeks not far away some favorable quarterly results of large U.S. corporations.

Today, the Dow ended the session with a fall of 1.32% (-133.96 points) and stood at 10040.45 points, the lowest since July 7, after going down to 9991.18 units during the session.

The benchmark S & P 500 lost 1.45% (-15.49 points) to close at 1051.87 points, while the Nasdaq composite index fell by 1.66% (-35.87 points) to 2,123 , 76 points.

Among the thirty companies that comprise the Dow, Boeing aeronautics (-3.74%), aluminum producer Alcoa (-2.99%) and the heavy equipment maker Caterpillar (-2.69%) recorded the largest decreases .

Also fell more than 2% Cisco Technology Group (-2.54%), the entertainment company Walt Disney (-2.40%) and industry groups United Technologies (-2.32%) and General Electric (-2 , 15%).

The AT & T (0.87%) and Verizon (0.20%), food manufacturer Kraft (0.48%), the retail chain Wal-Mart (0.31%) and groupCoca-Cola beverages (0.11%) were the only Dow component that recorded increases in the value of their shares.

In other markets, the Texas crude for October delivery under 2% to close at 71.63 dollars a barrel, while the dollar slipped against the euro and the European currency was 1.2674 dollars paid at the end of the session stock market, up from 1.2663 dollars that were paid on Monday.

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