Wall Street will try to back up the hill
The NYSE will try to rebound Thursday. At least this shows that the index futures that link upwards to just over an hour of opening. Than the Dow climbed 0.25% to timidly 12,305 points, the Nasdaq's advance of 0.43% to 2330 points while the S & P gained 0.26% to 1315 points.
Yesterday, U.S. markets have taken a double slap with first a series of bad macroeconomic indicators that raise doubts about the health of the world's largest economy. Then with Moody's decision to degrade three notches note of the Greek debt. The rating agency has cooled the financial markets had begun to hope that a solution be found to stabilize the financial situation of the country.
On Thursday, investors will try to turn the page of this session was the worst recorded since August 2010.But the excitement is palpable, while another set of indicators is important in the program. There will, before the start of trade, weekly jobless claims and productivity quarterly. Then, later, industrial controls and weekly oil inventories.
On the currency side, the single currency continues to rise against the greenback. Before the opening of U.S. markets, one euro was worth 1.4464 dollars. For their part, the oil prices were slightly higher in European trading. A barrel of Brent North Sea crude for July delivery traded at 114.90 dollars on the InterContinental Exchange (ICE) in London, up 37 cents from the close on Wednesday.In electronic trade the New York Mercantile Exchange (NYMEX) the barrel of light sweet crude (WTI) delivered to the same maturity gained 26 cents to 100.55 dollars.
Google and China: Paper
Internet giant Google will be monitored after the announcement of a hijacking Gmail accounts by hundreds of Chinese dissidents and American officials. While Google suggests a Haker Chinese, Beijing denounced the remarks "unacceptable."
The distributor Costco Wholesale Corporation reported net income of $ 324 million in the third quarter of 2010-2011 (73 cents per share), up 6% over the same period last year. Based on the number of share, earnings were 73 cents. Turnover was up 16% to $ 20.2 billion, with a jump of 12% on a comparable basis.
Limited Brands has announced a 6% increase in May same-store constant at 717 million dollars. But this figure is below expectations of analysts who had forecast an increase of 7%.
The mining equipment manufacturer Joy Global has reported a profit of 34% to 162 million in the second fiscal quarter, or $ 1.52 per share. Income climbed 19% to 1.06 billion. It's better than $ 1.35 per share and $ 1 billion expected by markets. The group also revises upward its forecasts. It now expects earnings per share between $ 5.60 and 5.30 against 5.10 to 5.40 before.