2011年5月3日星期二

Inflation jitters interrupt Wall Street rally (Reuters)

NEW YORK (Reuters) - the session of the volume of the year, US stocks fell Monday, after a lower outlook from Kimberly-Clark has increased concerns about higher commodity squeeze profits in the next few quarters.

Approximately $ 5.4 billion in stock on the New York Stock Exchange, the American Stock Exchange and Nasdaq, lower than the daily average of $ 7.74 billion.

Kimberly-Clark (KMB).(N) fell 2.7 percent for p. $64.24 after it cuts off the lower end of its prospects for the year because the costs of pulp and other goods have increased more than twice as much as he expected.

The threat of an increase in the cost of the goods remain under the spotlight for one of the busiest weeks of pay, with 180 S & P 500 companies set to report this week, including the other names of large consumers such as Procter & Gamble (PG.)(N) and Colgate-Palmolive (CL.)(N).

"Who will be the next thing that happens - forward orientation will begin to become affected by high prices," said Ken Polcari, General Manager of ICAP Equities in New York.

"This inflation nonexistent (Fed) continues to talk about is elusive, because there is clearly much more than the inflation they care to admit at this time.".

Kimberly-Clark, manufacturer of fabrics of Kleenex and Huggies disposable diapers, is among the companies very vulnerable to the increased costs of goods because its products contain papers and materials of petroleum.

The Dow Jones industrial average (.)(DJI) fell by 26.11 points, or 0.21%, to put an end to the 12,479.88. The Standard & Poor 500 Index (.)(SPX) hangar 2.13 points, or 0.16%, to 1,335.25. But the Nasdaq Composite Index (.)(IXIC) received 5.72 points, or 0.20%, to close at 2,825.88.

Johnson Controls Inc. (JCI).(N) fell 2.8% to $39.60 after the company, one of the largest providers of motor of the world, said that the third fiscal quarter results may be affected by a decrease in car production after the massive earthquake in the Japan last month. [ID: nN25139917] The Japan earthquake has disrupted the supply of auto parts and auto companies forced the plant to idle.

Through Monday, 75 percent of 151 companies in the S & P 500 that have reported results beat expectations of analysts. It's just above the average in the past four quarters but well above the average of 62% since 1994, according to Thomson Reuters data.

Nasdaq edged higher, boosted by SanDisk Corp (SNDK)(O), up to 1.6% to $49.78 after raising its prospects for 2011 end margin Thursday.

But the energy and materials companies actions ranked among the worst performers, with the index the PHLX oil service sector (.)(OSX) off the coast of 0.9 per cent and the S & P materials Index (.)(GSPM) fell by 0.7%. The price of oil slipped in thin trade, rough as a predatory silver close Records lifted the dollar's low, which prompted a bout of profit in gross.

The CBOE Volatility Index (.)(VIX) rose 7.4% after having dropped the week last to its lowest level since 2007.

FALLS OF LATE NETFLIX

After the closing bell, Netflix Inc (NFLX).(O) Tomb 4.5 per cent to $240.44 after the company reported video rental better than expected profit and revenue, but issued an outlook for second quarter disappointed investors.

This week is another hectic for revenues, including Amazon.com (AMZN).(O), Coca-Cola Co (KB.)(N), Microsoft Corp. (MSFT).(O) with a host of energy companies such as Exxon Mobil Corp. (XOM).(N) and Chevron Corp. (CLC).(N).

Regarding expectations for this week of energy income batch, Polcari added: "they are all expected to be better because of the high price of oil and any it - great for them, but not good for someone else."

Order of the day of the week includes a meeting of two days of the US Federal Reserve Policy Committee, on Tuesday and Wednesday. Ben Bernanke, President Fed will hold the first of four annual press conferences on Wednesday after the Federal open market Committee meeting ends.

Investors will look for clues about the direction of monetary policy, when binding to the Fed purchase program ends in June.

Falling stocks more numerous than those on NYSE 1,640 to 1,379 bounder, while on the NASDAQ Stock Exchange, losers beat 1 401 to 1.185 results.

(Reported by Chuck Mikolajczak;) (Editing by Jan Paschal)


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