The session on Wall Street was closed yesterday by the strong price falls after the price of oil is again approached $ 100 a barrel. At the end of session, the Dow Jones index, which increased by 2.8% in February, slipped from 1.4% to 12,057 points. The index of the SP500, which was completed in February increased by 3.3%, fell from 1.6% to 1306 points while the Nasdaq, which rose 3% last month, lost 1.6% to 2737 points.
Decreases were noted during this morning's awards in Asia for the first time in four days, after the price of oil has risen above $ 100 following concerns that the disturbances in North Africa and the Middle East will lead to a further decrease of oil supplies. In addition, the Tokyo Stock Exchange down 2.1% of, Seoul down 0.7% and Hong Kong stock exchange fall by 1.8%. The price of oil contracts come to an end of April increased by 0.5% in the rate of 100.1 dollars per barrel in electronic session of the commodities exchange in New York.
In the area of macro research institute announced yesterday that the ISM index of activity of the production sector in the United States has increased in the month of February to 61.4 points - its highest rate since the month of May 2004, this compared to 60.8 points the previous month. The forecast of economists spoke of a more moderate increase of the index at 61 points. In addition, the U.S. Department of Commerce announced that construction costs in the United States had declined in January to 0.7% after falling 1.6% in December. The forecast of economists spoke of a more moderate decline of 0.4%.
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