U.S. Stocks Closed Up Slightly &Nbsp; Retailers Were Concerned.
U.S.A
equity market
Barely holding up a slight gain.
Investors are indecisive because the strong performance reports of well-known retailers on one side are a sign of rising inflation pressure, and the European effort to solve the debt crisis is also disappointing.
The Dow Jones Industrial Average Index rose slightly 4.28 points, to 0.04% at 11410.21 points, and rose 124 points in the session.
The standard & Poor's 500 index rose 1.13 points to 1193.89 points, or 0.09%.
The Nasdaq composite index fell 11.97 points to 2511.48 points, or 0.47%.
Such sectors as communications, public utilities and consumption must go up.
Verizon Communications rose 2.1%, AT&T increased 1.3%, and Coca-Cola (Coca-Cola) rose 1.6%.
Technology stocks are the biggest drop.
Hewlett-Packard Co (Hewlett-Packard) fell 3.7%, leading the Dow Jones index.
DELL (Dell) fell 10%, the company's sales growth slowed down and lowered its revenue forecast for the full fiscal year, which led investors to sell their shares.
DELL said it expects revenue growth of 1%-5% in the current fiscal year, compared with an expected growth of 5%-9%.
Other technology giants also have stocks.
下跌。思科系統(Cisco Systems)跌0.9%,英特爾(Intel)跌0.6%,微軟(Microsoft)跌0.4%。
Retailers were concerned Wednesday, after a number of well-known retailers released their performance reports.
Target rose 2.4%.
The company's second quarter financial performance was better than expected, thanks to the same store sales growth.
In addition, the company's expected profit for the full fiscal year is also higher than market expectations.
Staples small amplitude
Rise
0.5%, the company's second quarter profit exceeded expectations.
Abercrombie & Fitch fell 8.7%.
The company's second quarter profit increased by 64%, but rising costs dragged down profit margins.
Deere Company (Deere) fell 1.2%.
The company's third quarter profit increased by 15%, much lower than the last few quarters, but still higher than expected.
In terms of economic information, although the energy price is declining, the US producer price index (PPI) is still rising in July, which means that the Federal Reserve's credit easing space may be narrowed.
Such sectors as communications, public utilities and consumption must go up.
Verizon Communications rose 2.1%, AT&T increased 1.3%, and Coca-Cola (Coca-Cola) rose 1.6%.
Technology stocks are the biggest drop.
Hewlett-Packard Co (Hewlett-Packard) fell 3.7%, leading the Dow Jones index.
DELL (Dell) fell 10%, the company's sales growth slowed down and lowered its revenue forecast for the full fiscal year, which led investors to sell their shares.
DELL said it expects revenue growth of 1%-5% in the current fiscal year, compared with an expected growth of 5%-9%.
Stocks of other technology giants also fell.
CISCO (Cisco Systems) fell 0.9%, Intel (Intel) fell 0.6%, Microsoft (Microsoft) fell 0.4%.
retail
Business stocks got attention on Wednesday, after a number of well-known retailers released their performance reports.
Target rose 2.4%.
The company's second quarter financial performance was better than expected, thanks to the same store sales growth.
In addition, the company's expected profit for the full fiscal year is also higher than market expectations.
Staples rose slightly by 0.5%, after the company's second quarter profit exceeded expectations.
Abercrombie & Fitch fell 8.7%.
The company's second quarter profit increased by 64%, but rising costs dragged down profit margins.
Deere Company (Deere) fell 1.2%.
The company's third quarter profit increased by 15%, much lower than the last few quarters, but still higher than expected.
In terms of economic information, although the energy price is declining, the US producer price index (PPI) is still rising in July, which means that the Federal Reserve's credit easing space may be narrowed.
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