The Economic Data Are Mixed; &Nbsp; &Nbsp; On Wednesday, The Dow Is Down 0.14%.

As of 4:00 pm Eastern time,

The United States released a mixed economic data and Ireland's debt crisis may drag on the European economic recovery. After yesterday's crash, the market was cautious on Wednesday, and the US stocks closed at a low level. The Dow ended down 15.62 points, or 0.14%, and the NASDAQ rose 6.17 points, or 0.25%.

On the disk side, the means of production and the pharmaceutical sector led the energy sector to take the lead.

In terms of stocks, home depot fell 2.78%, American Silver fell 2.68%, McDonald's rose 1.23%, travellers rose 1.17%, Taghit rose 3.4%, Chico rose 10.5%, Baidu rose 3.2%, Ctrip increased 1.15%, Qualcomm increased 3.45%, JP Morgan fell 1.09%, Wells Fargo dropped to 1.21%, Merck dropped, and First Solar fell.

With the progress of the Irish aid program, the European Union and IMF helped to push European stocks down and the pan European Dow Jones index closed up 267.31 points on Wednesday, or 0.50%.

On Wednesday, China's shrinking demand for silver could reduce oil prices by 1.80 dollars to $81.04 a barrel, or 2.2%, close to the lowest closing price since four weeks ago.

Some investors cleared the stock exchange before the main contract left, pushing gold prices down by $1.50 to $1336.90 an ounce, a three week low.

The US dollar inflation rate was lower than expected, supporting the Federal Reserve's quantitative easing policy, and the US dollar exchange rate fell slightly on Wednesday.

By the end of the foreign exchange market, the US dollar index for tracking six major currencies fell to 79.11 points, or 0.13%.

The euro rose to 0.22% against the US dollar at $1.3521, while the US dollar closed at 83.27 yen, or 0.13%, while the pound gained 0.06% from the US dollar at 1.5898 US dollars.

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Economic data

At 8:30 a.m. Eastern time, data released by the US Department of labor showed that the US consumer price index (CPI) increased by 0.2% in October, due to the rise in gasoline prices, which offset the decline in other commodity prices, which was lower than the 0.3% growth expected by economists.

Core CPI continued unchanged in March.

CPI increased by 0.1% in September.

At 8:30 a.m. Eastern time, data released by the US Department of Commerce showed that the number of new housing starts in October fell by 11.7% to 519 thousand yuan, down from 590 thousand of the 590 thousand economists generally expected to hit a new low of 18 months.

In September, the number of new housing starts was 610 thousand.

At 10:30 a.m. Eastern time, data released by the US energy information administration showed that in the week ending November 12th, US crude oil inventories decreased by 7 million 300 thousand barrels, after a 3 million 300 thousand month reduction in crude oil inventories.

Company news

Canada's Potash Corp Potash said on Wednesday that BHP Billiton had abandoned its $39 billion acquisition of the company, and Potash plans to spend $2 billion to buy shares of the company, accounting for 4.9% of its total share capital.

The company said the buyback would be completed by December 31st.

The board of directors of the Danaki energy company (Dynegy) agreed that the US private equity giant Blackstone Group raised its bid price of $4.5 per share to $5 per share. The company also said that if the paction finally failed, it would pay the Blackrock group's $16 million 300 thousand agreement termination fee.

TOYOTA motor will recall a total of 10991 minibus including Costa, Collins and other brands. The recall is due to the long-term use of windscreen wiper, which may cause short circuit or even burn out the relay.

Switzerland's Roche Pharmaceuticals said it would cut 4800 jobs in the next two years to save 2 billion 400 million Swiss francs (US $2 billion 400 million). The company said that the number of layoffs is about 6% of the total staff, mainly in sales and production jobs in the United States and other places.

The second largest discount retailer in the US, Taghit group's net profit in the third quarter increased from US $436 million in the same period last year to US $535 million, and revenue grew 2.2% to 15 billion 600 million US dollars over the same period last year.

With 1.6% growth in sales, the company also expects sales in the fourth quarter to hit a three year high.