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U.S. stock market closed lower amid three positive economic data. Market participants consider three data is not enough to withstand potential selling pressure towards the close of this year.  Nevertheless, the S & P 500 rose 6.5 percent this month. Thus, this index is in the best performance in December since 1991.  Earlier, three U.S. economic data (USA) get positive. Labor market reports, business activity and housing all showed surprising strength.

The U.S. government claims for unemployment benefits last week in the year 2010 was down to its lowest level since July 2008, while the report from the Institute for Supply Management-Chicago show in the U.S. Midwest business activity rose to its highest level since July 1988. Home sales data for the period November 2010 that’s delayed to release also increased more than anticipated.

“The figures disclosed are very strong this morning, but people become more careful because this is the end of the year, especially the strengthening of the stock market has experienced quite severe,” said chief investment strategist Bruce McCain Key Private Bank, in Cleveland, Ohio as quoted by Reuters.

Worldwide Inc. is engaged in the business of employment agency its share price up 2.1 percent to USD24, 12 after the unemployment data was released. The Dow Jones U.S. business training and employment agencies index rose 0.3 percent.  In trading Thursday (12/30/2010) local time, the Dow Jones industrial fell 15.67 points, or 0.14 percent, to 11569.71. The broader Standard & Poor’s 500 index dropped 1.86 points, or 0.15 percent at 1257.92. And the Nasdaq Composite Index fell 3.95 points, or 0.15 percent to 2662.98.

Japanese consumer price index last November again went down. It gives reinforce for the symptoms of deflation that continues to survive in the stagnated economic recovery efforts of State Sakura.  Based on data from the Ministry of Finance of Japan, consumer price index last month fell 0.5 percent over the same period last year. This represents a decrease to-21 times in succession within a period of nearly two years since the global crisis. November data also lower than analysts’ estimates forecast 0.6 percent decline.

But a glimmer of hope emerged as the announcement of Japan’s production output increased by one percent in November compared to the previous month. Decline in consumer price index is considered as one factor inhibiting recovery as it relates to the ability of home shopping.  A negative impact on the consumption sector, it also makes the Japanese are still teetering on the recovery period.  Moreover, the Tokyo government said last week that economic growth in countries with Asia’s biggest economy will slow to 1.5 percent in 2011, down 3.1 percent compared to this year.

“The decline in the price of unremitting labor to make the company and adversely affected by it all,” said Chief Economist for HSBC Securities Seiji Shiraishi was quoted as saying by AFP.

These conditions indicate that Japan will be hard to beat deflation own country, thus encouraging social factors such as the shrinking population. “Deflation will be easier if the global economy and strong external demand for Japan’s help also can encourage increased exports of Japan and eventually trigger a return of domestic demand,” said Seiji.

Trade world stock sell-off lately observed, monitored rose on Wall Street. Strengthening FedEx is supported by a bullish outlook for growth is expanding. Admittedly, the shares have recorded a good performance in 2010, on Thursday gave big gains as investors tried to increase their profits back at the end of the year. In addition to the number of stocks that fell on the New York Stock Exchange and Nasdaq.

On average, the Dow Jones industrial rose 41.78 points, or 0.36 percent, to 11499.25. Package delivery company, FedEx Corp. raised its annual forecast, although quarterly profit and revenue does not match expectations. The shares rose two percent to USD94, 22, while its biggest rival United Parcel Service stock price up 2.1 percent to USD73, 76.

“The fact that FedEx does not match the estimated profit overshadowed by the prospect of a very strong performance, and is a good indicator that we are looking for a good time for the economy in the future,” said the president in Sacramento, California-based Empyrion Wealth Management, Kimberly Foss. As for the shares of Visa Inc. and MasterCard Inc. fell after the Federal Reserve issued a proposal that would force banks and retailers cut the cost of the network card on a debit card. This makes Visa shares slumped 13 percent to USD67, 19 while MasterCard is down 10 percent to USD223, 49.

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