New York - U.S. stocks fell on Thursday (11/10/2012) early this morning as fears of earnings and the prospect of a sluggish global economy.
The Dow trimmed up 0.9 percent to 13,344.97 led by shares of Chevron and Alcoa shares. The S & P fell 0.6 percent to 1432.56 and the Nasdaq composite index lower by 0.4 percent to 3051.78. The S & P and Nasdaq have weakened in the last four days.
Its Beige Book, the Federal Reserve's latest record there have been improvements in the housing sector since August. This can help increase economic activity. For volatile manufacturing sector tended to improve from the previous period.
European stocks weakened by fears the euro zone debt crisis. Investors have increased concerns over the economic outlook for the region. FTSE index fell 0.6 percent, the DAX lower 0.4 percent and the CAC fell 0.5 percent.
Even the IMF is also assessing banks in the EU will have to sell U.S. $ 2.8 trillion in assets in the next two years to reduce their risk exposure. This is to avoid capital flight, concerns splits the EU and the economic recession.
Chevron shares fell after the oil giant after it reported third-quarter earnings lower than the previous period. The same is true for stock competitors, Valero stock and shares of ExxonMobil.
The increase experienced by Yum Brands shares were also led the gains in the S & P. Induks efforts of Pizza Hut and KFC's raised its earnings growth. Shares Rival McDonald also increased.
The Dow trimmed up 0.9 percent to 13,344.97 led by shares of Chevron and Alcoa shares. The S & P fell 0.6 percent to 1432.56 and the Nasdaq composite index lower by 0.4 percent to 3051.78. The S & P and Nasdaq have weakened in the last four days.
Its Beige Book, the Federal Reserve's latest record there have been improvements in the housing sector since August. This can help increase economic activity. For volatile manufacturing sector tended to improve from the previous period.
European stocks weakened by fears the euro zone debt crisis. Investors have increased concerns over the economic outlook for the region. FTSE index fell 0.6 percent, the DAX lower 0.4 percent and the CAC fell 0.5 percent.
Even the IMF is also assessing banks in the EU will have to sell U.S. $ 2.8 trillion in assets in the next two years to reduce their risk exposure. This is to avoid capital flight, concerns splits the EU and the economic recession.
Chevron shares fell after the oil giant after it reported third-quarter earnings lower than the previous period. The same is true for stock competitors, Valero stock and shares of ExxonMobil.
The increase experienced by Yum Brands shares were also led the gains in the S & P. Induks efforts of Pizza Hut and KFC's raised its earnings growth. Shares Rival McDonald also increased.
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