After sharp falling right at the beginning of trading session the key share indexes supported by positive quarter reports, tried to restore their status quo.

The main reason of decrease at opening became the publication of primary data on gross domestic product of the USA in the third quarter of this year. Growth of economy in the third quarter was the lowest since 1 quarter, 2003.

So, at the economists’ forecast of GDP growth by 2.1 %, value of a parameter was equal to 1,6 %. We also remind that in the second quarter, 2006 growth was 2,6 %, and in the first - 5,6 %.

In the analysts’ opinion, appreciable decrease in housing market starts to affect the general condition of the American economy.

Having considered the developed depth sufficient for purchases, "bulls" again tried to interpret a situation to their own advantage. However by the middle of session, the bear moods in the market became again prevailing, that as a result led indexes to new, even more significant drop.

Occasion for a new wave of sales became the publication of the analytical review of Goldman Sachs company in which forecasts of the company’s representatives about immediate prospects of some sectors of the hi-tech companies were simply pessimistic.

Let's remind that Goldman Sachs reduced its forecast on sales of motherboards and schemes for motherboards.

The company noted decrease in sales in Asia, that in turn will lead to reduction in demand for computers and chips. Investors’ reaction followed immediately. Intel Corp. shares fell in price $0,67 up to $21,10, having lost from the initial cost -3,08 %.

Advanced Micro Devices shares dipped its capitalization by -2,98 %, having fallen in price $0,64 and closed at a level $20,86. Hewlett-Packard Co. shares dropped -1,81 %, or $0,79 up to $38,46 and Dell Inc shares decreased -1,11 %, or $0,26.

Besides Philadelphia index of the companies making microchips fell 1,9 %. 18 companies from 19, entering into the index, fell in price. However Marvell Technology shares, making chips for wireless devices, rose 4,6 %.

The market tested additional pressure from energy market. We remind that oil futures rose in price at the tenders on Friday. So, December future contract added $0,39 and was closed at a level $60,75 a barrel. By results of a week December contract grew 2,4 %.

As a result Dow-Jones index of New York stock exchange fell 66.04 points and is at a level 12097.62. NASDAQ index was down 25.29 points and is at a level 2353.81. S&P 500 index dipped 10.28 points and is at a level 1378.80.

And 30-years US Treasury notes’ yield fell 0.047 in comparison with the previous closing and makes 4.794.

We wait for continuation of descending correction of key share indexes, therefore we recommend to keep while a position outside the market. After end of this correction there are possible long-term purchases of futures for Dow-Jones and S&P 500 indexes.