Dow Jones Industrial Average index closed down 90.52 points, to 2 November midterm elections the lowest point since 11,192.5 points, or 0.80%, week, down 2.2%.
The Nasdaq composite index fell 37.31 points to 2518.21 points, down 1.46% this week are down 2.4%. Standard & Poor's 500 index fell 14.33 points to 1199.21 points, down 1.18%. The end of the two indices both rose after five weeks of the situation.
The Dow fell on Monday, mainly because the market for the U.S. Federal Reserve Board (Federal Reserve) the effect of bond purchase program concerned, and the market shifted focus once again the European sovereign debt problem. And on Friday, investors in China may further tighten monetary policy concerns drag on the U.S. stock market lower.
S & P 500 constituent stocks, materials stocks led the declines, as investors worried that, if China is to take measures to limit economic growth, it may lead to slowing demand. Fertilizer producer CF Industries which fell 6.4%, copper producer Freeport-McMoRan Copper & Gold fell 3.8%, Allegheny Technologies fell 2.7%. Alcoa (Alcoa) fell 2.3%.
The Boeing Company (Boeing) fell 3.5% as the worst performing Dow component stocks, due to Bernstein Research will be its investment rating cut from outperform to market perform the same, because the company's 787 aircraft, operating profit at greater risk.
Walt - Walt Disney Company (Walt Disney) rose 5.1%, as a highlight. Although the company does not include one-time items adjusted earnings per share lower than 1 cent average estimate of analysts, but analysts have found a positive trend in the fundamentals, such as theme parks related orders are increasing.
Intel (Intel) rose 1.5%; the board approved, starting from the first quarter increased 15% dividend and the company continued to generate strong cash flow.
Concern individual stocks, Wendy's / Arby's Group fell 1.4% after the company announced fiscal third-quarter decline in both sales and profitability, including North America same-store sales fell 5.9%. The company also announced plans to expand the scale of 170 million share repurchase -2.50 billion and increased its quarterly dividend by one third to $ 0.02 per share.
Nvidia (Nvidia) surged 5.2%, the company posted third-quarter earnings of 1 cent higher than expected, and an upbeat sales forecast. The company said on the back market share and growth in mobile phone chip business confidence.
Dillard's rose 9.7%, the company's third-quarter profit surge 80% rise in its profit margins, reducing spending, while sales fell only slightly.
No comments:
Post a Comment