Reported by: Eric CRWE Newswire Middle East corresponden

Dow Jones Industrial Average DJIA dropped 133.96 points or 1.3 percent to 10,040.45. Standard & Poor’s 500 index also fell 1.5 percent to 1,051.87 and NASDAQ composite index declined 1.7 percent to close at 2,123.76 points for the day.

Total consolidated volume for the day stood at 4.5 billion shares. Losers to gainers traded with a ratio of three to one on the New York Stock Exchange

The Stock market plunged consecutively for the fourth day on the disappointing US economy data released today. As per the report of National Association of Realtors, homes sales dropped to an annual rate of 3.83 million as compared to expectations of 4.7 million which was already on the conservative side.

Diamond Management & Technology Consultants Inc. (NASDAQ:DTPI) reported the highest gain on Wall Street by surging 31.45 percent to close at $12.54 with total volume of 19.18 million for the day.

Citigroup (NYSE: C) remained the highest traded stock on New York Stock Exchange as usual and faced the correction of 1.07 percent to close at $3.71 with traded volume of 441.82 million shares.

Among major losers of the day Medtronic Inc (NYSE: MDT) reported the fall of 10.80 percent and closed at $31.21 with traded volume of 37.125 million shares. Sirius Inc remained the most traded stock at NASDAQ with a volume of 168.23 million shares and declined 3.03 percent to $0.96 in today’s trading session.

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The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

Reported by: Eric CRWE Newswire Middle East correspondent

Dow Jones Industrial Average DJIA moved up by 0.1 percent to 10,415.54 points for the day. Standard & Poor 500 index also advanced 0.2 percent to 1,094.16 whereas NASDAQ composite index surged 0.3 or 6.26 points to 2,215.70 in US stock markets trading session.

Overall 922 million shares were traded for the day and today’s market remained fluctuating due to mixed investor’s sentiments whereas gainers to losers stood with ratio of 3 to 2 on NYSE.

Investors have more focus toward government owned securities considered to be more of a safe heaven as yield on 10 year treasury bond dropped to 2.63 percent as compared to fall of 2.64 percent yesterday.
Jinko Solar Holding Co (NYSE: JKS) stood as the highest gainer with positive change of 12.56 percent to close at $24.46 whereas its total volume stood at 988,789 shares for the day.

Citigroup remained the most traded stock as usual with total traded volume of 475.82 million shares and gained by 0.26 percent to close at $3.86 in today’s trading session.

Potash also reported the surged of 3.3% to $147.93 for the second consecutive day as the investors are hoping for the better bid from BHP Billiton for acquisition of Potash. Potash earlier on Wednesday turned down the bid price of $130 referring to it as too low.

Target Corp announced its second quarter results in today’s trading session and but failed to meet analysts’ forecasts. Target share price gained 2.5 percent to close at $51.95 for the day.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of Crown Equity Holdings Inc. or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company mentioned or referred to in the article. (read more) Rule 17B requires disclosure of payment for investor relations.

The views expressed in any article, reports, writings are not necessarily the views of Crown Equity Holdings Inc. its officers, directors, staff, contractors or employees. They do not represent the views or opinions of this site. Views expressed in articles are those of the author alone.

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Orofino Gold Corp. (PINKSHEETS: ORFG) (”Orofino Gold” or the “Company”) has several Gold development properties in Colombia, a current hot spot of gold production in the world markets. With the frequent occurrence of the very high grade gold vein systems in the central area of its Senderos de Oro project and with several small scale grinding and amalgamation mills in-place Orofino is planning to design a central processing and recovery facility that is modular in design (each additional module added creates 10,000 ounces of annual production) and will be capable of processing enough high grade material to produce up to 120,000 ounces of gold annually while the Company continues to explore further the Primary Porphyry Target which is the bulk minable gold/copper porphyry systems. The company has reviewed several engineering and design firms with gold production facilities design and operational experience and is currently creating a short list prior to engaging the design team. Orofino intends to continue the relationships currently enjoyed with all government agencies, the local communities, as well as current production teams and will involve these groups in all major processing and production planning decisions.

Brigus Gold Corp. (“Brigus” or the “Company”) (TSX: BRD) (NYSE Amex: BRD) reported that it intends to offer up to C$12,000,000 of common shares of the Company designated as flow-through shares for purposes of the Income Tax Act (Canada) (the “Flow-Through Shares”) on a guaranteed agency basis at a price of C$1.40 per Flow-Through Share (the “Offering”).

Citigroup Inc. (NYSE: C) reported second quarter 2010 net income of $2.7 billion or $0.09 per diluted share, on revenues of $22.1 billion, marking a second consecutive profitable quarter. Citigroup earned $7.1 billion of net income in the first six months of 2010.

Zebra Technologies Corporation (Nasdaq: ZBRA), a global leader in specialty printing and automatic identification solutions, reported the addition of the laminator feature, capable of laminating both sides of a cards simultaneously, to the award-winning ZXP Series 8 retransfer card printer. The new laminator option, available globally, will provide an extra layer of protection and security which is essential security element for federal credentialing, state driver’s licensing, and for organizations with high security requirements.

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer ) . Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) has received 500,000 shares of 144 stock in Orofino Gold Corp. (PINK SHEETS: ORFG) valued at sixty five thousand dollars, and 500,000 shares of free trading shares valued at sixty five thousand dollars from a third party (QU CUI You) for 30 days advertising services.

Bank of America Corporation (BAC)

Last: $ 15.09 / Change: $-0.34 (-2.20%)

Citigroup, Inc. (C)

Last: $3.81 / Change: -$0.09 (-2.19%)

Wells Fargo & Company (WFC)

Last: $26.71 / Change: -$0.61 (-2.23%)

JPMorgan Chase & Co. (JPM)

Last: $37.85 / Change: -$1.04 (-2.67%)

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. (read more) Rule 17B requires disclosure of payment for investor relations.