Dow Jones down because of Goldman Sachs

Dow Jones down for Goldman Sachs. Maketh Goldman Sachs as a target of criminal investigation led to the Dow Jones Industrial Average losing 159 points or 1.4 percent, in trading on Friday ended on Saturday (05/01/2010) Indonesia dawn of time.

Still, the Dow remained perched at number 11008.61, above the psychological barrier of 11 000 points. S & P 500 Index also fell 20 points, or 1.7 percent, while the Nasdaq lost 51 points or 2 percent.

Goldman shares fell in value of 10 percent, followed by the fall of shares of JPMorgan Chase (JPM, Fortune 500), The Bank of America (BAC, Fortune 500), and Morgan Stanley (MS, Fortune 500). In addition to financial sector stocks, some industries also experienced a decline in stock prices, such as Boeing, Caterpillar, Hewlett-Packard, IBM, McDonald's, and Microsoft.

Besides the negative impact of news of Goldman Sachs, the world's investors also affected the financial condition of the Greek word that is feared could affect the European mainland economy. The European Union on Sunday is scheduled to issue a statement tomorrow about the financial aid plan for Greece.

U.S. Commerce Department also reported the economy actually grew in the quarter I-2010, at the weekend. This is the the third quarter, in which the American economy grew, and it is a positive signal to the improved economy of the global financial post-crisis one year earlier.

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