US shares tumbled on weak quarterly results

Note: This section contains information in English only.
Source: Dukascopy Bank SA
US stocks traded sharply lower on Friday amid disappointing US economic releases and lack of progress in eurozone's crisis resolution after EU summit. Weak corporate earnings and larger-than-expected increase in US jobless claims last week created heavy selling pressure on the US equities. The S&P 500 Index plunged 1.66% to end the week at 1,433.19. All sectors included in the index slumped. Among companies, the top-gainer was Capital One Financial. The firm soared 6.02% as profits jumped 47% last quarter. The top-losers were technology firms and basic material producers. Advanced Micro Devices sank 16.79% after the company reported that its sales of chips dropped in Q3 as buyers shifted from personal computers to tablets and smartphones. Among basic materials, Cliffs Natural Resources, Eastman Chemical and FMC Corp tumbled 2.93%, 3.39% and 1.47%, respectively. On the downside was also Chipotle Mexican Grill, losing 15.01% on reports that turnover's growth would slow sharply in 2013. 
Back to articles

Actual Topics

Mon, 22 Oct 2012 08:47:36 GMT

Japan exports contract heavily in September

Japan showed a merchandise trade shortfall of Y558.555 billion in September, led by heavy drop in exports to China and Europe, the Ministry of Finance reported on Monday. Economists expected a deficit of Y547.9 billion, after a downwardly revised Y755.9 billion in August. Exports slid 10.3% on year to Y5.359 trillion, exports to China shrank 14.1%, while those to EU

Mon, 22 Oct 2012 08:13:37 GMT

Wheat rose on potential Ukraine's exports restriction

Farm commodities advanced on Friday amid mounting concerns that supplies from Ukraine may be disrupted. However, renewed global growth concerns and broadly stronger US Dollar capped gains of rural commodities. Wheat gained on concerns that Ukraine will impose export restrictions. Volodymyr Klymenko, head of Ukraine's Grain Association announced that wheat shipments are likely to attain 5.3 million MT by mid-November,

Subscribe to "Fundamental Analysis" feed

Subscrever
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.