>

United States: Bulls relieved examined quarterly reports

Jul 31st, 2009 | By admin | Category: Reviews and ideas

 

On Thursday, July 30, the stock market of the United States concluded the session increases in the indices, although less significant than those observed in the middle of bidding. Arrival is granted on successful in terms of the published statements - in favor of the bulls played the financial results of Motorola, MasterCard, Visa, and Dow Chemical.

At the end of the trading indicator blue chip Dow Jones Industrial Average rose by 83.74 points or 0.92% to a level at 9154.46, the index of wide market SP 500 gained 11.6 points or 1.19% up to 986.75 points, and a high-tech industries in the Nasdaq Composite rose 16.54 points or 0.84% to level in 1984,30.

Largest U.S. producer of mobile phones Motorola increased its market capitalization at 9.4% after the publication of the accounts for the second quarter. Motorola losses were significantly lower than projected levels due to extensive staff reductions.

Leading credit card operator Visa added 0.6%, surpassing forecasts of financial results. The second largest payment system MasterCard moved to 3% - the company's profit for the quarter was $ 2.68 per share, ie about 10% above the average Wall Street forecasts as a result of increasing the commissions and increasing volume of transactions on the cards.

Shares General Electric went up by 6.9% against the backdrop of rumors that the company will not have to get rid of the financial units - in line with the new rules, companies that already have a credit or financial entities will be able to save them without the threat of inspections with part of the Fed. Following the news analysts Goldman Sachs Group recommended buy shares of GE.

The commodity sector is moving against the background of accounting giant Dow Chemical Chimprom and higher prices for industrial metals. Shares of Dow Chemical jumped to 6.2%, aluminum producer Alcoa has left in plus on 4,1%. Barrick Gold Shares added 3% due to higher gold prices and a relatively good reporting.
 

Oil company Exxon Mobil, frustrated Wall Street its quarterly profit had gone to minus 1%.

The supplier of software Akamai Technologies was the outsider bids and collapse is stronger in all of the SP 500 Index - 19%. Akamai profit and sales fell short of expectations.

The September crude oil futures mark Light $ 3.57 added to a level of $ 66.72 per barrel on NYMEX, while gold with delivery in December rose in price at $ 7.6 to $ 937.3 per troy ounce.

The price of money the IMF
Forex - results of day
Ukrainian stock market rose on Thursday on the external positive
Better, at this opening may look to oil and gas stocks, which will support the continued rise in oil prices
Investors in the second half of the day you have to be careful in the case of a sharp negative GDP United States, record profits
Futures on the RTS index surpassed the threshold of 100 000 points, close to the meaning of 101 and 100 dialing 1,94%
Domestic Indexes today should continue to increase, otygryvaya recovery for commodity markets
In the next three weeks, breaking the theme down-trend will be closed
Today in the morning for many blue chips can run a correction of the wave

Leave Comment

You must be logged in to post a comment.