Colosseum a.s. (Colosseum a.s.)
Commodities  |  October 31, 2012 17:22:33

Stocks on Wall Street after the start of trading in the red

ColosseumU.S. stock indexes at the beginning of today's trading fall. After two days of closure of Wall Street that caused the hurricane Sandy, investors are nervous. Under strong selling pressure are shares of Western Union Company (WU; -27.7%), although the company disappointed analysts with its financial results. On the contrary, pointing upwards stock Home Depot (HD, +2.45%) and Lowe's (LOW; +2.77%). Recovery after Hurricane Sandy could have a positive impact on the demand for the products of the above mentioned companies. Earnings season remains mixed, with approximately 72% of the companies in the index Sandamp; P 500 earnings surpassed market expectations. In the case of sales disappoint 60% of companies. General Motors (GM, +8.25%) and Ford Motor (F, +6.21%) outperformed analysts' expectations, which is reflected in the shares of both companies.Personnel change at Apple (AAPL) investors were not too well received and the shares fall by 1.83%. Index DJIA declines by 0.12% to 13,092.12 points, the Nasdaq 0.57% to 2970.98 points, Sandamp; P 500 by 0.17% to 1409.61 points. and # 160;

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