Short-term lack of direction in stock market

Liang last week, the U.S. stocks a narrow range of shocks, slowly to 8,800 points, and the Eurasian market performance varies. The Dow Jones index closed at 8799.26 points in Friday, up 0.4% per cent from the previous week, while the Nasdaq closed 1858.8 points, up 0.51% from the previous week, while the standard and poor 500 index closed 946.21 points, up 0.65% per cent from the previous week. In Europe, the FTSE 100 index closed at 4441.95 points in Friday, up 0.07% per cent from the previous week, with Germany's DAX index at 5069.24 points, slightly 0.15% from the previous week, and the Paris CAC40 index at 3326.14 points, down 0.39% from the previous week. In Asia, the Nikkei index closed at 10135.8 points, up 3.77% from the previous week, while Hong Kong's Hang Seng index closed 18889.7 points, up 1.13% from the previous week. On international Commodity Futures, the New York Commercial Futures Exchange (NYMEX) crude oil futures closed down 0.88% in Friday, with oil prices slightly under pressure as stocks cowhide and the Organization of Petroleum Exporting Countries (OPEC) again downgraded oil consumption forecasts for the year. NYMEX-7-month crude oil futures settlement price fell 0.64 U.S. dollars, closed to 72.04 U.S. dollars per barrel, up 5.26% from the previous week; Brent July crude oil futures settled down 0.87 to $70.92 a barrel, up 3.78% from the previous week. The New York Commodity Futures Exchange (COMEX), which fell 2% in Friday, prompted investors to transfer money from commodity markets to other assets as the dollar rebounded strongly. COMEX-8 's monthly settlement price fell 21.30 US dollars, at $940.70 per ounce, down 2.28% from the previous week. London Metal Exchange copper futures fell 2.79% in Friday, as the dollar's strength affected commodity prices and copper prices were under pressure to spit.　　The three-month copper MCU3 closed at $5230, up 4.81% from the previous week. U.S. stocks are still in high cowhide, and investors continue to look for the economic slowdown in mixed economic data. Last week, however, it was a relatively cheerless week, with little information about the stock market, in which the US economy remained weak, or worse, in May, with the U.S. Federal Reserve's 10 largest US banks to repay TARP's bailout money and the Fed's beige book. The US benchmark 10-year bond yield rose to 4% in October for the first time. The news once sparked fears of investors in particular, the rise in the yield of index bonds means that banks have a potential interest rate hike, which is detrimental to the borrowing activity of companies and consumers in need of capital, but such headwinds do not raise the number of waves in the stock market, the Dow is the lowest in a week only 8,593 points. Similarly, the number of jobless claims in the United States was reduced to 601,000 at the beginning of the week (estimated at 615,000) it was the lowest in January; retail sales rose 0.5% in May for the first time in three months, and the Reuters/University of Michigan Consumer Confidence index, which rose to a nine-month high at the beginning of June, also had limited stimulus to the stock market. In the author's opinion, it seems that investors openThe beginning of the current perfunctory economic data feel numb, the stock market rags upward only into the Dow 9,000 point of pure technology trend. And overall, with the stock market already accumulating quite well in the past few months, if the market is unable to further seek strong evidence to confirm that the economy is on the mend, it is feared that the current high volatility will be broken, especially as inflation rises, even if it is likely to spark a fresh wave of investor worries about the economy. Hong Kong stocks, it is clear that the current long funds also have Storm Wanji will, by virtue of ample market liquidity, has a number of consecutive exerting force, Friday finally saw a breakthrough, but did not stand on top of this position, I feel the market on the momentum of more and more scarce, lost the past resolute. Of course, since there is no significant increase in market position, and the prevailing climate is still dominant, Hong Kong stocks may be in high volatility for some time, but if the continued instability Wanji, I believe the reasons for the stock market retreat will soon come.