Attenuates the decline in Wall Street and%
Attenuates the decline in Wall Street and the Dow Jones down 0.59%.
New York, July 20 .- The strong downward trend that prevailed today nothing but start the activity in the New York Stock Exchange to diminish as the day progressed and the Dow Jones industrials lost 0.59% to the average session.
That stock indicators ceded 60.32 points and stood at 10094.11 points, while the S & P 500 lost 0.29% (3.12 points) and units installed in, sto credits, 1068.13.
The Nasdaq composite index was down 0.6% (13.15 points) and stood at 2185.08 points.
Investors reacted with disappointment to the quarterly accounts for IBM, Texas Instruments, Goldman Sachs and Johnson & Johnson, among others, while receiving data also unfavorable for the construction sector.
The business sector related to health care and technological recorded the largest decreases acute, 0.98% and 0.8% respectively, while that of raw materials companies (1.76%) and energy (0 , 52%) had a session more favorably than the rest.
IBM, down from 3.98% in the value of its shares, led the largest group of companies in the Dow traded lower, after presenting, darkfall gold for sale, on Monday, with the market already closed, not quarterly results have satisfied investors.
The benefits of this technological increased 9.1% in April-June period from a year earlier while revenue rose 2% but were lower than expected.
Nor enthusiastic financial results of Goldman Sachs, which registered a 83% decline in profit last quarter and a 36% decline in revenues, which, ffxiv gil, were also lower than predicted by analysts.
The actions of that entity, not part of the Dow, depreciated in the early stages of the session but then began to gain ground and rose 1.23% to the average session.
Besides IBM, also were recorded substantial losses Johnson & Johnson (2.38%), Pfizer (1.29%), AT & T (1.27%), Disney (1.17%), Intel (1.07%) and Merck (1.03%), including Dow components that registered decreases.
Eleven companies in this index remained in positive territory and major advances were to Walmart (2.12%), Caterpillar (1.36%), Coca-Cola (1.26%), and General Electric (1 09%).
Outside the Dow, shares of the UAL Corporation, parent of United Airlines, 3.74% are revalued on the Nasdaq market, after announcing that multiply nearly tenfold its profit in the second quarter.
Investors learned on Tuesday that fell by 5% the start of housing construction in June, compared to a 3% decrease was expected, while permits for the construction, which is considered as a rrence for future work in the sector , rose 2.1%.
A barrel of Texas crude prices rose 87 cents to 77.41 dollars and the euro weakened against the dollar, at 1.2906 dollars, while the U.S. public debt to ten-year note rose in price, to provide return of 2.94%.