Wall Street dips after four days of gains – Polish Radio

Wall Street dips after four days of gains – Polish Radio

At the close of the Dow Jones Industrial fell by 0.79 per cent. and amounted to 17,672.60 points.

S & amp; P 500 by 0.55 percent zniżkował. and amounted to 2051.82 points.
Nasdaq Comp. increased by 0.16 per cent., to 4757.88 points.
– ECB for a few days will still be a major factor. Investors are still trying to get used to the shot with a bazooka – rated Matt Maley, equity market strategist at Miller Tabak in Newtown, Massachusetts.
– Yesterday we had a nice rally, but it was a lot of one-day races, which really is not burned – he added.
ECB print more than one trillion euros
At Thursday’s meeting, the ECB decided to start a program of asset purchases (QE), worth 60 billion euros a month. The program will last at least until September 2016., Which means that the total value will be approx. 1 trillion euros. The ECB was buying bonds will be investment grade according to the criterion of the share of individual countries in the ECB’s capital.

Season’s financial results
Maley said that will also be important quarterly earnings. Adapted
UPS profit amounted to $ 1.25 per share to US $ 1.47 expected by analysts. UPS shares price fell approx. 10 per cent.
Starbucks was in the fourth quarter. $ 1.30 earnings per share, an increase of 82 percent. more than a year earlier. The company’s stock prices rose on Friday at 6.3 percent.
McDonald’s profit amounted to USD 1.13 per share against expectations of $ 1.22.
General Electric Operating profit in the fourth quarter. amounted to 56 cents per share to 55 cents expected. State Street
profit in the fourth quarter. amounted to US $ 1.37 against expectations of $ 1.27. Honeywell corporation was USD 1.43 earnings per share against expectations of 1.42 USD.
data from the economy could be better
PMI, specifying the economic situation in the US manufacturing sector, prepared by Markit Economics, was in January of 53.7 points. to 53.9 points. a month earlier – are given in the initial calculation. Analysts expected in January index at 54.0 points.
ahead of US economic index Conference Board rose in December by 0.5 percent. Analysts had expected the index to rise by 0.4 percent. mom.
activity index NAI in the US economy fell in December to minus 0.05 points. of plus 0.92 points. a month earlier after adjustment of plus 0.73. Analysts expected the indicator at plus 0.48 points.

Home sales in the secondary market in the US in December amounted to 5.04 million on an annual basis to 4.92 million in November. Wall Street analysts had expected an increase in home sales in the secondary market to 5.08 million.

PAP, abo