US stocks recorded its worst weekly performance since three years

US stocks fell at the end of trading on Friday, dramatically, and this performance came amid data variance issued by its economy, where US indexes posted their worst performance since the three years following the negative Chinese data and crude oil prices continue to fall in the global markets.



US stocks fell as the Dow Jones Industrial Average fell, capping its biggest weekly decline in three years, where he continued the decline of oil and Chinese industrial data raised concerns of a slowdown of the global economy.



And dropped the S & P 500 index by 2.9 percent as a group, while energy stocks fell 2.2 percent. Abt where IBM shares and DuPont and Exxon Mobil 2.9 percent, as shares fell all the Dow Jones index.



The performance of US stock indices by the closure as follows:

The Dow Jones Industrial Average index shed 315.51 points or 1.79% to close the day at 17,280 point levels.

The index of the S & P 500 fell 0.33 points or 1.62% to close at 2002 levels point.

The NASDAQ Composite Index, we have seen declining by 54.56 points, or 1.16% to close at 4653 points levels.


Alaqsadah data

PPI in the United States rose during the month of November by 0.1% compared to expectations that referred to 0.2%, and decreased core producer price index rose 0.2% compared to expectations, which pointed to a decline of 0.1%



Preliminary reading of the University of Michigan index of confidence and recorded during the month of December increased to up to 93.8 compared to expectations, which indicated 89.7.



Trading the US dollar

The dollar index, which measures the performance of the dollar against six major currencies including the euro and the Japanese yen and the pound sterling, currently trading at 88.32 levels

Falling oil prices ticking alarm bells

Oil came back down again during Friday oil to its lowest level since July 2009 in the wake of the statement issued by the International Energy Agency, which disclosed it to the large supply of oil and the future bleak demand.


Oil is now trading by 18:30 pm GMT, at $ 58.00 per barrel from the opening level of $ 59.15 recorded the highest price in this session at $ 59.55, the lowest price at a level of 57.30.



The International Energy Agency said that it is expected that the price of oil is under more pressure and that may lead to the continuation of bleeding landing, also lowered its forecast for global demand growth in 2015, the agency is expected to result in increased supplies from outside the Organization of Petroleum Exporting Countries "OPEC" to promote satiety global oil supply versus expectations of a decline production of "OPEC" oil by 315 thousand barrels per day in December to 30.32 million barrels per day.



Oil on his way to the second-largest weekly loss to fall by 12% during this week recording, and the agency said it was premature to expect that low oil prices start to rise again it does take some time for the interaction of supply and demand, with falling prices, and seeing oil prices fell sharply since OPEC decided last month to maintain the production rate without any change.

US Wheat rises at the end of the weekly trading

Continued Futures US wheat Friday rally for the second day in a row to reduce the losses, after reports issued by the US Department of Agriculture, which reported a surplus in stock and Hua led to a decline in wheat prices since the beginning of December.


US wheat traded at $ 6.100 a bushel during morning trading in the United States, up by 8.4 cents or 1.4% to compensate for the losses continue having achieved the lowest decline on the first day of the month.



US Department of Agriculture reported that global stocks of wheat to the end of the 2014/2015 season, rose to 194.9 million metric tons has been forecast to rise 192.9 million metric tons during the month of November, according to data released by the Agency domestic wheat production reached since May 654 million bushels, up from the previous estimate, 644 million bushels.

Copper improves developed by the Chinese economic data

Continued copper emerging wavelength trading near its highest level in more than a week at the end of sessions this week and was the main reason for the rise of copper and most metals used in manufacturing processes is the release of Chinese economic data pointed to stability in China's economic growth rate, which is the largest user of copper in the world .



Copper today rose by 0.05% to fetch up to $ 2.922 a pound during the Asian session, according to data issued by the Comex in New York Mercantile Exchange.



  Copper trimmed its losses as investors followers profits for the previous sessions of profit-taking even with the decline in US stocks amid concerns over the surplus in the world's oil....

Decline in producer prices in the United States - November

For the US economy at 13:30 GMT PPI "monthly" for the month of November is low by 0.2%, below expectations, which indicated a decrease by 0.1% from, worse than the previous reading, which recorded a rise by 0.2%.
Producer prices have also been issued with the exception of food and fuel for the same month high by 0.0%, below expectations, which showed an increase by 0.1%, worse than the previous reading, which recorded a rise of 0.4%.
This negative statement of the American economy.