Click the chart for more premarket data.
NEW YORK (CNNMoney)
The Dow Jones industrial average declined 0.3%, while the S&P 500 and Nasdaq fell 0.4%.
Investors were disappointed after survey of purchasing managers showed Europe's downturn worsened in February. The index has been stuck below 50 for a year, indicating the services sector has been contracting. European markets fell sharply following the data.
In United States, initial jobless claims rose to 362,000 last week, coming in higher than economists were expecting.
The Consumer Price Index was unchanged month-over-month in January, and up 1.6% from a year ago. Core CPI, which strips the price of food and energy, increased 0.3% month-over-month in January, and 1.9% from a year earlier.
At 10 a.m. ET, the National Association of Realtors will release data on existing home sales, while the Philadelphia branch of the Federal Reserve will release its monthly business outlook survey.
On the corporate front, Wal-Mart (WMT, Fortune 500) reported earnings that beat forecasts but said sales had softened during the quarter. The retailer also hiked its annual dividend by 18%.
Related: Crunched consumers are cutting back
Tesla (TSLA) shares sank 9% after the electric-car maker posted a wider-than-expected loss for the fourth quarter.
Hewlett-Packard (HPQ, Fortune 500) is up after the closing bell.
Shares of Constellation Brands (STZ) jumped after Anheuser-Busch InBev (BUD)and Grupo Modelo SAB said they are in talks with the Justice Department to try and resolve an antitrust lawsuit challenging their planned merger. Last week, AB InBev agreed to sell Constellation its rights to distribute Modelo in the United States as well its brewery in Piedras Negras, Mexico, in an effort to rescue the deal.
Apple (AAPL, Fortune 500) shares fell 0.7% after Foxconn (FXCNF) said it is slowing its hiring of workers at factories in China. The Taiwanese company makes about 40% of the world's consumer electronics gadgets, including products and parts for Apple, Intel (INTC, Fortune 500)and Cisco (CSCO, Fortune 500).
U.S. stocks ended lower Wednesday after Federal Reserve meeting minutes raised worries the central bank might scale back its bond-buying program. Despite Wednesday's losses, stocks are still up between 5% and 6% so far this year.
Fear & Greed Index still showing extreme greed
Asian markets ended weaker, also following the U.S. lead. The Shanghai Composite lost 3.0%, the Nikkei fell 1.4% and the Hang Seng declined 1.7%.
The dollar rose against the euro but was weaker versus the pound and the Japanese yen.
Oil and gold prices declined.
The price on the 10-year Treasury rose, pushing the yield down to 1.98% from 2.02% late Wednesday. 
First Published: February 21, 2013: 9:49 AM ET
Anda sedang membaca artikel tentang
Stocks open in the red
Dengan url
http://kasiatbuatsehat.blogspot.com/2013/02/stocks-open-in-red.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Stocks open in the red
namun jangan lupa untuk meletakkan link
sebagai sumbernya
0 komentar:
Posting Komentar