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NEW YORK, April 22 (Xinhuanet) -- Wall Street stocks fell Friday as investors were disappointed with earnings in the consumer sector and surging oil prices. The Dow Jones industrial average dropped 60.89 points, or 0.6 percent, to 10,157.71 points. The Nasdaq composite index shed 30.22 points, or 1.54 percent, to 1,932.19 points. The Standard & Poor's 500 index lost 7.83 points, or 0.68 percent Canada goose billigt, to 1,152.12 points. On Friday, investors worried that disappointing news from consumer retailers and manufacturers, such as Maytag Corp. and Costco Wholesale Corp. nike free kaufen, would derail a steady flow of profits for American companies. Rising oil prices - seen as a tax on consumers-further added to the negative atmosphere. Gainers included Google Inc., which jumped 11.59 dollars to 215.81 dollars after its quarterly earnings greatly surpassed market's expectations abercrombie and fitch uk sale, and MCI Inc. gained 19 cents to 26.69 dollars after Qwest Communications International Inc. raised its offer to 9.7 billion dollars calçado timberland, beating Verizon Communications Inc.'s 7.6 billion-dollar offer. Qwest fell 6 cents to 3.55 dollars while Verizon declined 20 cents to 34.06 dollars. The Nasdaq Stock Market Inc. rose 2.78 dollars to 13.43 dollars after announcing a plan to buy Intinet Group Inc.'s electronic trading platform. Costco Wholesale Corp. shed 3.85 dollars to 40.17 dollars afterwarning that gasoline sales were eroding its margins www.canadagoosesjakker.dk, and Maytag Corp. lost 4.21 dollars to 10.89 dollars after reporting a sharp slide in first quarter profits. Eastman Kodak Co. fell 2.85 dollars to 27.66 dollars after posting a rough quarter as the company continued on its transitionto digital imaging and photography. On the NYSE, declining issues outnumbered advancers about 8 to 5, and the trading volume was 2.05 billion shares. In late New York trading, the euro rose to 1.3074 dollars from 1.3058 and the British pound climbed to 1.9150 dollars from 1.9088 late Thursday. The dollar fell to 106.04 yen from 106.86, 1.1802 Swiss francs from 1.1822 Mulberry tasker, and 1.2356 Canadian dollars from 1.2376.EnditemTopics related articles:
Grant23627 12.12.2011 0 163
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