Dowjones breakdown the 11000 support level
The Dow Jones Industrial Average was down 104.14 points at 10,993.41, the S&P 500 dropped 13.49 points to 1,280.63 and the Nasdaq Composite ended down 25.79 points at 2,280.98.
Google fell 7% to $362.62 after it warned investors its revenue growth rates would slow, CFO Reyes told an investor conference that Google's growth will depend on further audience gains or moves into new markets instead of relying on improvements in its mainstay Web search advertising business, which drives over 97 percent of sales.
The 11000 level was insufficient to stop the selling pressure, so keep attention for the next support level in the Dowjones at 10960.
That's All. Have a great evening.
AC
