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发帖数: 1511 | 1 这么诡异的title，是不是说明调整要来了？
http://www.thestreet.com/offers/omnisky/html/markets/marketstory/10860255.html
NEW YORK (TheStreet) -- Stocks opened lower Tuesday even as retail sales
came in better than expected.
The Dow Jones Industrial Average was down 10 points, or 0.1%, to 10,533. The
S&P 500 fell by 1 point, or 0.1%, to 1120 and theNasdaq was slipping 3
points, or 0.1%, to trade at 2282.
Retail sales for August climbed 0.4%, the Commerce Department said early
Tuesday. That was higher than the 0.3% analysts were expecting, boosting
investor sentiment.
At 10 a.m. EDT, the Commerce Department is expected to say that business
inventories climbed 0.7%, according to consensus estimates from Briefing.com
. Changes in business inventories are used by economists to get a reading on
industrial production data, which also will be released later this week.
Shopping
Positive economic data has helped the Dow climb over 5% in September. Stocks
surged for the fourth consecutive session on Monday after international
regulators agreed to raise capital standards for banks, putting an end to
the uncertainty surrounding new regulations. Positive economic data from
China and more deal-making activity also added to the bullish sentiment.
European markets were trading mixed on Tuesday after rallying on Monday. The
industrial production of the 16 nations that use the euro as a currency was
flat in August, lower than the 0.2% increase predicted, acting as further
confirmation that growth in the region was slowing. Investor confidence in
Germany sunk to a 19-month low of minus 4.3 in September, much below the
forecast of 10, according to the ZEW Center for Economic Research. The FTSE
in U.K was off by 0.1%, and the Dax in Germany was trading flat.
Asian markets ended on mixed on Tuesday. Japan's Nikkei finished 0.2% lower
as investors awaited the results of Japan's elections. Japanese Prime
Minister Naoto Kan survived a challenged to his leadership and was re-
elected president of the ruling Democratic party on Tuesday. The election
results were announced after market hours. Hong Kong's Hang Seng Index rose
0.2%.
A few more earnings rolled in ahead of the opening bell Tuesday. Best Buy (
BBY:) reported a 62% increase in second-quarter per-share earnings to 60
cents, above the 46 cents analysts were expecting. It also raised its fiscal
-year outlook by 10 cents to $3.55 to $3.70 a share. The stock was soaring 6
% to $36.95 at the open.
Kroger (KR:) rose 3.5% to $21.78 after it said its profit rose 2.8% to $261.
6 million, or 41 cents a share. Revenue grew 6% to $18.79 billion. Analysts
were expecting earnings of 36 cents a share on revenue of $18.73 billion.
Office Max (OMX:) said at a Goldman Sachs Global Retailing Conference that
it expects higher margin rates compared with a year earlier because of
favorable settlements of tax issues. Shares were up 2.2% to $12.48.
In other corporate newsAmerican International Group (AIG:) is in talks with
the U.S. government to speed up an exit plan designed to repay U.S.
taxpayers, the Wall Street Journal reports. The stock was lower by 0.3% at $
36.79.
MedAssets (MDAS:) has agreed to buy health care supply chain management
provider Broadlane Group for $850 million in cash. The stock was flat at $21
.34 at the open.
Bank of America (BAC:) may look to sell billions of dollars worth of assets,
the Financial Times reports. The stock was losing 0.9% to trade at $13.81.
Harley Davidson (HOG:) is deciding the fate of two plants at Wisconsin. The
board's final decision in expected later Tuesday. The stock was flat at $27.
31.
In commodity markets, crude oil for October delivery was losing 8 cents, to
trade at $77.11 a barrel. The December gold contract jumped $13.2, to trade
at $1,260.3 an ounce.
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The benchmark 10-year Treasury note was up by 11/32, diluting the yield to 2
.708%.
Meanwhile, the dollar was trading flat against a basket of currencies, with
the dollar index up by 0.06%. The Yen touched a 15-year high against the
dollar on Tuesday. |
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