Out of bounds
Wall Street goes down and end the worst week
US stocks fell sharply, at the end of the worst week since August, affected by the fall in technology stocks, while shares of retail companies fell amid fears about the shopping season in the coming holidays.
The Dow Jones Industrial Average 202.03 points or 1.16 percent to 17246.04 points.
and the S & P 500 index by 22.8 points or 1.11 percent to 2023.17 points.
The Nasdaq Composite 77.20 points or 1.54 percent to 4927.88 points.
slight decline in OPEC production in October
Organization of Petroleum Exporting Countries (OPEC), said that its oil production fell in October by 256 thousand barrels per day in September compared to a month to hit 31.3 million barrels per day. Oil prices rose, abandoning its lowest level recorded in two months during the previous meeting, despite the expectations of the International Energy Agency that the abundance of oil supply continue after the formation record stocks in recent months amounted to 3 billion barrels. The agency predicted that investment in renewable energy sector size in the world up to $ 7 trillion, within 25 years.
The agency noted that the renewable energy sector will produce 43 percent of the total electricity production in the world, with 2040 solutions.
euro-zone economy is slowing down
The growth rate fell in the euro zone to 0.3 percent in the third quarter of this year.
The data indicate that growth rates were lower than expected, compared with 0.4 per cent in the previous quarter, and the decline in the rate of growth in the German economy, the largest in Europe, while the back economy French to growth.
It is expected that the European Central Bank expands its programs stimulus in December / December in order to raise inflation and support growth.
The decline in the growth of the German economy rate to 0.3 in the period from July to September after it was 0.4 per cent in the quarter
former., said the Federal Statistics Office in Germany, the economy showed moderate growth rates supported by an increase in domestic consumption.
He added that foreign trade led to a lower growth rate because "the increase in imports was much larger than the increase in exports."
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