Tuesday, 13 October, the stock indices of the United States by the middle of bidding showed predominantly negative dynamics.
Lowering analyst Meredith Whitney, which is the founder of Meredith Whitney Advisory Group, recommendations on shares of Goldman Sachs negative impact on the financial sector as a whole. Whitney also said that now is set up much less optimistic about further increases in the value of securities of the banking sector due to the fact that their current market value is fair.
At mid-auction 20:40 IST barometer of blue chips, the Dow fell by 0,1% to a value of 9 875.74 points, while the more wide SP 500 index weakened to 0.31% and reached the mark of 1 072.87 points. Rate with a large proportion of high-tech stocks Nasdaq added 0.07% to the value 2 140.83 points.
Papers Goldman Sachs slipped to 1.88% to $ 186.57. Analyst Meredith Whitney reduced its recommendation on shares of the creditor with an assessment of buy ratings to neutral, saying that investors should take profits after more than doubling the value of shares since March.
Quotations its rival JPMorgan Chase fell 1.82% to $ 45.24 after the announcement Whitney that the increase in delinquency on loans have a negative impact on bank profits in the third quarter. Recall that Whitney correctly predicted the reduction of dividends on shares of Citigroup back in 2007.
Shares in products by health care Johnson Johnson retreated to 2.81% and reached a high of $ 60.77 after news of a larger than expected, reducing earnings in the third quarter, which amounted to 5,3% and reached $ 15 level , 1 billion against the projected $ 15.2 billion net profit for the period rose from $ 3.31 billion to $ 3.3 billion
Papers Bank of America sunk to 1,55% to $ 17.75. The lender was unable to obtain dismissal of its shareholders regarding the equity compensation Merrill Lynch totaling $ 33 billion produced in January this year.
Quotes lender CIT Group failed on 12,29% to $ 0.91. Chairman and Chief Executive Officer of CIT Group - Jeffrey M. Peek - said he plans to retire Dec. 31 this year.
Shares of high-tech sector in general feel better than others. Thus, the paper software maker Oracle added 0,77% to $ 20.88. Oracle announced its intention to acquire the company Sophoi. The amount of the transaction has not been disclosed.
futures crude oil Light at 20:41 IST bargained with the increase of 0,61% to $ 74.19 per barrel. Gold prices rose to 0,69% up to $ 1 064.8 per troy ounce, while the rate of EUR /USD pair was strengthened to 0.38% to $ 1.483 per euro, and the pair USD /JPY has lowered 0,1% to 89, 7 yen per dollar.
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