FX.co ★ The US stock market review for May 18.

On Tuesday, the US stock indices fell amid the increasing fears about the ability of Europe to manage the debt crisis.
Dow Jones Industrial Average ended down by 114,88 points or by 1,08% to 10510,95, the low since May 7 closing. Nasdaq Composite ended down by 36,97 points or by 1,57% to 2317,26. Standard & Poor's 500 lost 16,14 points or 1,42%, and cost 1120,80.
American Express stocks headed the downfalling of the index, having declined by 1,38, or by 3,4% to 39,84. moreover the Boeing stocks descended by 1,95, or by 2,8% to 67,72, and Intel stocks part of Nasdaq, slided by $0.59 or by 2,7% to $21,43.
Home Depot also demonstrated the weakness by decreasing by $0.86 or by 2,4% to $34,73. The company’s profit increased by 41% in Q1 and the company raised its forecasts for sales and profit from the current year. Though, the stocks fell as the overall consensus was careful.
Only one component of Dow finished the Tuesday trading session in the positive area - Wal-Mart Stores. The stocks added $0.98 or 1,9% to $53,70 after it had been revealed that the profit of the company in the first quarter grew by 10% exceeding the forecasts of the company.
The American stocks declined as the euro plunged to a 4-year low amid the remaining anticipation that the plan of the Europe saving can be enough to curb the expansion of the sovereign debt problem in the eurozone. The declaration of the German Federal Ministry of Finance that the country will ban short sellings the stocks of ten leading German financial institutions and the governmental bonds of the eurozone.