Wall Street ends slightly down
The NYSE has hesitated. It finally ended in the red on Wednesday. After rebounding said yesterday (1.52%), the Dow Jones lost 0.20% to 10,038.38 points. The Nasdaq lost 0.14% to 2147.87 points and the S & P 500 fell 0.22% to 1068.13 points.
The wait dominates before confirmation of support from the European Union to Greece. Investors await the meeting of European heads of state tomorrow Thursday after which a European financial aid for Greece should be announced. But doubt persists. "In general there is a senior, anonymous was quoted as source. Translation for everyone is that this information should be taken with caution, "says Patrick O'Hare of Briefing.com financial site.
In the final meeting, the Spanish Presidency of the EU announced that European countries would give their support to Greece.But the market always wondered how such a help.
In this context, the dollar begun to rise again against the European currency: 1 Euro 1.3726 U.S. dollar traded (-0.37%). Side materials, a barrel of light sweet crude for March delivery ended at 74.52 dollars, up 77 cents from the close of Tuesday.
To these doubts mingles the concern over the remarks of Ben Bernanke. This has not announced any increase in rates, but this solution is considered. The discount rate will he, as the statement implied the rumor in the markets in recent days.
Regarding statistics, the trade deficit the U.S. has continued to widen in December, rising by 10.4% compared to November, while analysts expected him to be reduced."We had numbers of calamitous external deficit, indicating that the economy will experience slower growth in the first quarter than the fourth, it weighs on the market," said Peter Cardillo, Avalon Partners.
Arcelor Mittal battered the United States
Arcelor Mittal, the world's number one steel, said it earned 118 million dollars over the year 2009. But the current financial year looks difficult. The U.S. market (-6.99% to 36.70 dollars) endorse the title in Paris.
In addition, Micron Technology (-5.95% to 8.54 dollars) announced it would buy Holodings Numonyx, a producer of memory cards, for $ 1.27 billion.
The Japanese car saw decidedly dark days. It is the turn of Honda (-2.20% to 33.76 dollars) from Wednesday to recall over 400,000 vehicles, after the Toyota case (1.46% to 75.69 dollars).
Airgas Inc.(-0.07% To 61.31 dollars) has rejected a hostile takeover of Air Products & Chemicals, describing it as "inadequate".
After Hours, Tuesday, Walt Disney (0.74% to 30.06 dollars) has released stable profits over one year to 844 million, or 44 cents per share. But excluding special items, earnings per share were 47 cents against 39 cents expected by analysts.
The bank is not affected by ads for Ben Bernanke. Bank of America (1.38%), JP Morgan Chase (1.25%) and Goldman Sachs (0.75%) support same document.
Dell (+1.48% to 13.75 dollars) has been "upgraded" by Bank of America-Merrill Lynch to buy from neutral.
And Omnicum, a direct competitor of Havas, which was pleasantly surprised by France, issued a profit decline of 87 to 73 cents per share.The title takes 1.42% to 35.75 dollars.
Baidu (10.83% to 482.13 euros) reported a fourth-quarter earnings up 48% to 62.7 million. The competitor Google (-0.37% to 534.45 dollars) in China publishes a profit of $ 1.8 per share.
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