Colgate Brown Lam Company second quarter net profit drop

Source: Internet
Author: User
Keywords Down in the stock the Dow
Tags .net company data drop economic growing higher higher than

The Dow Jones industrial average fell 49.45 points, reporting 15492.79 points, or 0.32%; the Nasdaq composite index rose 7.19 points to 3586.79, or 0.2%, and the standard and poor 500 index fell 4.18, or 1681.76, or 0.25%.

Thursday economic data, the U.S. government issued early last week, the number of jobless claims increased by the chain, below market expectations. In addition, June durable goods orders in the United States have been growing for 3 consecutive months, up 4.2%, higher than expected.

Yesterday's earnings were mainly Credit Suisse, General Motors ' second-quarter profit growth over expectations, while Colgate Brown Colgate-palmolive's second-quarter net earnings fell.

While economic data and most of the earnings were positive, analysts said there was still resistance to the rally and investors remained concerned about the Fed's withdrawal from QE.

In Wednesday, Treasury yields rose for the second consecutive session, climbing 7 basis points and rising to 2.578%. Affected by this, the United States three major stock indexes rose two, the plate performance, public utilities and real estate construction business sector declines, energy stocks fall, technology stocks are mixed.

The coal giant Peabody, which led the rally in Tuesday because of a better earnings performance, changed its role in Wednesday, the biggest decline in energy stocks, by 4.43%. By contrast, oil and gas companies have declined less than coal companies. Chevron Corp. fell 0.7%,conocophillips 0.8%.

Apple's hyper-expected sales, which led to the Wednesday stock rally, rose 5.14% to close at $440.51. EMC is also a tech star. EMC rose 5.61% per cent to close at $26.75, as its opening earnings were in line with analysts ' expectations and driven by a rise in its subsidiary, VMware Inc. VMware Inc. yesterday rose 16.72% per cent to $83.2 trillion.

In Wednesday, the United States three major stock index two fell a rise, the Chinese concept stocks reverse the market higher. The overall performance of all larger in the US-China General stock index was 0.46% higher. Baidu released its unaudited earnings in early Thursday, showing revenue growth of 38.6% per cent, after which its share price rose 13%. Online game plate, the Net Qin, the perfect world rose significantly, respectively, Rose 5.79% and 4.55%. The Nineth city, which has risen continuously in recent days, has fallen by 5.29%. Shanda continued to fall 0.88%, charging 5.65 dollars.

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