Wednesday, April 15, 2009

Bad News Shook Wall Street (April 15th, 2009)

U.S. stock market was opened lower after many negative economic news occured on Wall Street.

Until now, here are the latest economic data in U.S:

- The Labor Department said that the Consumer Price Index fell 0.1 percent in March. Whereas, previously the Consumer Price Index increased around 0.4 percent in February.

- The Producer Price sank around 3.5 percent in March. This was the biggest decline in producer price since 1950.

- Energy Prices fell about 3.0 percent in March. Previously, the energy prices were increased around 3.3 percent in February.

- Core prices, exclude food and energy items increased 0.2 percent in March..

Stay alert and let's wait for the other news..

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