On Thursday, 4 February, the American stock market in the first half of the trading session shows a deep negative dynamics. Information space today is awash with negativity - from Europe are disquieting rumors about the financial problems of Spain, Portugal and Greece. In the United States breathes the spirit of unemployment - weekly data on the number of primary applications from the unemployed to receive benefits not brought anything good, had risen by 10 thousand to 480 thousand, contrary to expectations. The market, as always, responsive to labor market information, because unemployment is one of the strongest inhibitory factors for economic recovery.
By 20:10 Moscow time the index broad-market Standard Poor”s 500 is trading with a decrease to 2.27% on a mark to 1,072.39 points, the light blue-chip Dow Jones Industrial Average lost 1.94% to 10,071.64 points in the and the index of high-tech Nasdaq Composite traded in the red at 2.14% on a mark to 2,144.12 points.
The dollar index rises by 0.64% precious metals are traded on the highest minus, gold and platinum for more than 3%, silver lost over 5%. In the composition of the index of blue chips traded in positive territory a single Cisco Systems.
cosmetics company Avon Products lost 5,4%. Quarterly profit rose Avon in the fourth quarter by 16% due to increased demand in the markets of Latin America and Europe. At the same time profits had intercourse in the forecast, although before that for several consecutive quarters of reporting Avon substantially exceeded expectations.
The company”s shares of Warren Buffett”s Berkshire Hathaway traded in minus 2% against the background of news about the plans to place the sale of debt for a large sum.
second-largest payment system MasterCard had fallen by 8,6%, to accouneadt for the fourth quarter. Quarterly profit rose 23% and achieved a mark of $ 294.4 million, while revenues increased by 6% to $ 1.3 billion Earnings per share MasterCard was about 10% worse than average forecasts.
American fast-food chain Burger King in spite of the negative obscherynochny adds 2.6% after the publication of its accounts. Quarterly profit increased by 13% and exceeded the average forecast.
largest networking vendor Cisco Systems has moved on 1,1% after it reported for the second fiscal quarter. Profit was $ 1.9 billion compared with $ 1.5 billion a year earlier and for certain deductions exceed the average predictions. Cisco”s revenues increased by 8% to $ 9.8 billion, exceeding expectations by 4%.
network of shopping centers, Macy”s adds 2,5% due to increased earnings forecast for the current fiscal year.
USA: Bears went on the offensive
On Thursday, 4 February, the American stock market in the first half of the trading session shows a deep negative dynamics. Information space today is awash with negativity - from Europe are disquieting rumors about the financial problems of Spain, Portugal and Greece. In the United States breathes the spirit of unemployment - weekly data on the number of primary applications from the unemployed to receive benefits not brought anything good, had risen by 10 thousand to 480 thousand, contrary to expectations. The market, as always, responsive to labor market information, because unemployment is one of the strongest inhibitory factors for economic recovery.
By 20:10 Moscow time the index broad-market Standard Poor”s 500 is trading with a decrease to 2.27% on a mark to 1,072.39 points, the light blue-chip Dow Jones Industrial Average lost 1.94% to 10,071.64 points in the and the index of high-tech Nasdaq Composite traded in the red at 2.14% on a mark to 2,144.12 points.
The dollar index rises by 0.64% precious metals are traded on the highest minus, gold and platinum for more than 3%, silver lost over 5%. In the composition of the index of blue chips traded in positive territory a single Cisco Systems.
cosmetics company Avon Products lost 5,4%. Quarterly profit rose Avon in the fourth quarter by 16% due to increased demand in the markets of Latin America and Europe. At the same time profits had intercourse in the forecast, although before that for several consecutive quarters of reporting Avon substantially exceeded expectations.
The company”s shares of Warren Buffett”s Berkshire Hathaway traded in minus 2% against the background of news about the plans to place the sale of debt for a large sum.
second-largest payment system MasterCard had fallen by 8,6%, to accouneadt for the fourth quarter. Quarterly profit rose 23% and achieved a mark of $ 294.4 million, while revenues increased by 6% to $ 1.3 billion Earnings per share MasterCard was about 10% worse than average forecasts.
American fast-food chain Burger King in spite of the negative obscherynochny adds 2.6% after the publication of its accounts. Quarterly profit increased by 13% and exceeded the average forecast.
largest networking vendor Cisco Systems has moved on 1,1% after it reported for the second fiscal quarter. Profit was $ 1.9 billion compared with $ 1.5 billion a year earlier and for certain deductions exceed the average predictions. Cisco”s revenues increased by 8% to $ 9.8 billion, exceeding expectations by 4%.
network of shopping centers, Macy”s adds 2,5% due to increased earnings forecast for the current fiscal year.
Review of the precious metals market for 03.02.10
As a result of trading the MICEX index lost 2,46%, dropping to a level of 1395.87 points
The impact on the dynamics of the market of Russia, apparently, could have a U.S. Department of Labor statistics, which will be released on Friday
Europe: fear has big eyes
Trichet: ECB rate currently is adequate
Negative by statistical data from abroad landslide Russian indices, tomorrow the market will be dominated by negative dynamics
IPO in 2010: recovery begun?
Ministry of Economy of Ukraine has lowered the rent payment for oil in January to 1,8%
Experts: Political interference is the most significant risk to the global banking sector