US stocks mixed ahead of earnings reports
October 8th, 2009 - 8:32 am ICT by IANSNew York, Oct 8 (DPA) US stocks posted mixed results Wednesday as Wall Street braced for the start of the third-quarter earnings season in the US.
Financial firms posted gains, but telecommunications companies were down on a light trading day in New York.
The release of third-quarter earnings began after markets closed, with aluminium giant Alcoa Inc posting a surprising profit after three straight quarters of losses.
The blue-chip Dow Jones Industrial Average edged lower by 5.67 points, or 0.06 percent, to 9,725.58. The broader Standard & Poor’s 500 Index was up 2.86 points, or 0.27 percent, to 1,057.58. The technology-heavy Nasdaq Composite Index gained 6.76 points, or 0.32 percent, to 2,110.33.
The US currency inched up to 68.09 euro cents from 67.96 euro cents Tuesday. The dollar fell against the Japanese currency to 88.60 yen from 88.82 yen.
- US stocks up as earning season begins - Oct 09, 2009
- US stocks continue rise amidst worldwide rally - Oct 07, 2009
- Wall Street up on European hopes, bank rally - Oct 19, 2011
- US stocks end strong week on a high note - Nov 14, 2009
- US stocks edge lower, despite consumer optimism - Dec 30, 2009
- US stocks drop amid mixed earnings - Oct 21, 2009
- US stocks climb on home sales, commodities - Feb 03, 2010
- US stocks rebound on strong Alcoa earnings - Apr 12, 2012
- US stocks rebound on strong Alcoa earnings - Apr 12, 2012
- US stocks edge higher on Greece hopes (Lead) - Feb 09, 2012
- US stocks surge on European bank hope - Oct 11, 2011
- Oil rises on positive data - Mar 14, 2012
- US stocks end higher - Jan 26, 2012
- US stocks gain on Ford profits, positive economic news - Nov 03, 2009
- US stocks edge mixed (Lead) - Jan 25, 2012
Tags: alcoa, alcoa inc, aluminium, blue chip, dow jones, dow jones industrial, dow jones industrial average, earnings season, giant, japanese currency, losses, nasdaq composite index, quarter earnings, s 500, straight quarters, telecommunications companies, us currency, wall street, yen