With one session left in June, the U.S. actions in the direction of its worst months since September 2001, marked the end of the last slump - generally defined as a decline of 20% compared to the peak of the bubble on the market.

Brood is to a new record level of 142.99 U.S. dollars per barrel, before paring some gains. Tumbling the exchanges were a stronger focus on the products the basis that investors took the confiscation of shares and other assets to take advantage of inflation.

The gold will be one month high, lifting oil and shows a further decline of the U.S. dollar against the euro. — The cabin of the Swiss franc is in a period of three weeks of stand against the dollar. In August gold in New York set, to $ 16.20 U.S. $ 931.30 per ounce.

The debt of the U.S. Treasury rose to a reading rather benign inflation, investors’ confidence the Federal Reserve in May not to raise interest rates faster to combat the pressure on prices. Excluding food and the instability of prices for energy, the index of prices as a basis, that is the preferred location of the Fed, inflation rose by 0.1%. The report of a forecast of an increase of 0.2%.

Sales of the scale on Wall Street, negotiated in the afternoon after Moody’s Investors Service has said that he May reduce the credit from Morgan Stanley, the last series of sad news for the success fought the area of financial services.

After the defeat on Thursday that the Dow fell 358 points, investors have been left, enter the answers to throw the rest was in the shop.

“In this market are in search of people for whatever reason to sell,” said Chris Orndorff, senior director and head of equity strategy Payden & Rygel. “This is the opposite of ‘a bull market, when people something positive and use. Well, the people are small negative and the use of the hills”.

The fear of further losses in banks and the effect of registration of oil prices on the U.S. economy depressed the stock exchanges below.

“The high oil prices remain an obstacle on the market. The question is, how will the weight in the discretionary spending,” said Edward Bretschger, Director of Sales and fairness in trade with Calyon securities to New York.

The Dow Jones Industrial Average fell 104.46 points or 0.91 percent to 11348.96, just below Bear area. The Standard & Poor’s 500 fell 4.65 points or 0.36% to 1278.50. The Nasdaq Composite Index fell 5.74 points or 0.25% to 2315.63.

It was the worst week for the Dow and Nasdaq since mid-February.

“It is a fight for the reduction of risks posed by an active … The oil prices and the management is more pressure on the shares,” said Martin McMahon, FX strategist at Credit Suisse in Zurich.

Lehman Brothers, Merrill Lynch with one another 5.4 million U.S. dollars in the second quarter and reduced its target price for the population.

Merrill shares rose by less than 1% to 32.77 dollars.

European stocks were in favour of warnings of retailing bellwether Carrefour and manufacturers of mobile phones from Sony Ericsson rüttelte investors.

The FTSEurofirst 300 from a session top European roller coasters by 0.4% lower than at 1192.24 points. In the course of the week, the index lost 2.5%, the index 27 percent since he completed in July.

“I am still very bearish on stocks, even at current prices, said Christian Jiménez, President imena Investment Partners in Paris.” We are witnessing the retailer punished as consumers are increasingly affected by the portfolios of high oil prices. You pay more at the pump and have less money to spend. “