Profit taking on Wall Street

Relapse of consumer credit, debt concerns on Greek inscriptions and weekly unemployment up. The climate is not conducive to a revival of American markets. At the opening, the Dow Jones lost 0.12% and the Nasdaq was down 0.29%.

After the great bull markets in recent times on Wall Street and in Europe, investors await the slightest pretext to visibly sell. They took advantage Wednesday of renewed concern about the debt Greek and the surprise announcement of a drop in U.S. consumer credit in February to pass the act, especially as the Federal Reserve chairman Ben Bernanke said that the country "is far from being out of business." At the finish, the Dow Jones lost 0.66% and the Nasdaq 0.23%.

Also note, commercial crude oil inventories rose 2 million barrels last week.Gasoline inventories fell 2.5 million barrels and distillate stocks rose by 1.1 Million barrel. Following the announcement of this slight increase in inventories in the U.S., a barrel of oil has retreated from its recent peaks, to return the $ 86 for Brent to WTI as payday loan.

On the foreign exchange market, the euro remains under pressure however against a backdrop of Greek revival of the crisis. The single currency is trading in the morning at 1.332 dollars. For his part ounce of gold has continued to climb, to 1 $ 146 this morning.

The off air

On the side of values, a new giant merger is in preparation in the American sky. U.S. Airways (14.37% to 7.80 dollars) and United Airlines (9.03% to 20.66 dollars) have resumed their negotiations for a merger, according to U.S. media."Both companies, which belong to the network, Star Alliance, have already conducted twice unsuccessful negotiations in 2001 and in 2008," note the experts of BNP Paribas. United had also attempted to ally himself, unsuccessfully, to Continental Airlines, after the rupture of contacts with U.S. Airways in 2008.

Palm has jumped 20% Wednesday on rumors of takeover, unconfirmed. The title was up 1,52% to 4.69 dollars.

The internet group AOL (-0.98% to 27.17 dollars) to consider closing or selling its social networking site Bebo, bought $ 850 million two years ago.

• Slight fall on Wall Street
• Wall Street ends without direction
• Wall Street falls, depressed by Fed
• Wall Street has assembled a few more points
• Wall Street expected slightly lower