Especially the backlash last massively broken Chinese stock market brought comfort. The hopes for a stronger recovery of US indices to kick off the earnings would quickly fizzle.
Already in the first 10 minutes, the main price barometer reached their highs. The opportunity to sell was taken probably quickly at higher rates, said a portfolio manager. The Dow Jones industrial made temporarily forget the weak yesterday with an increase to 17 764 points. Ultimately could the US leading index is still only an increase of 0.19 percent over the goal line save and closed at 17 548,49 points.
As also the broad-market S & P 500 index failed him so, to reclaim its 200-day average line. It is strongly respected as an indicator of the long-term trend. The S & P claimed only an increase of 0.23 percent to 2051,29 points. The technology-heavy Nasdaq 100 selection index closed barely changed at 4352,03 points.
EARNINGS SHOULD SHOW SIGNIFICANT EARNINGS DECLINE
The situation in Greecewas still uncertainty. Meanwhile, the Greek reform proposals to the creditors have arrived in Brussels and can now be tested. Only if the package is satisfactory, it could grant a new utility and an interim financing.
In addition to venture investors because of rolling on earnings not too far from the cover. The news agency Bloomberg according to analysts for the count in the S & P 500 companies included in the second quarter with a profit decline of 6.5 percent.
The US aluminium group Alcoa traditionally gave the starting signal for the weeks of balance sheet templates on the eve. The company could improve something its results in the second quarter despite falling raw material prices. The aluminium price decline due to rising exports of China made to create. Alcoa could benefit, however, from the strong demand in the automotive and aircraft industries.
The shares fallen the day before by good 5 per cent could defend only 0.86 percent of their at times considerable profits. The shares of the beverage giant Pepsi lost even 1 percent after figures.
T-MOBILE US CONVINCED CUSTOMER GROWTH
T-Mobile US enjoyed the investors: the US mobile wireless subsidiary of Deutsche Telekom sets the customer numbers continue vigorously to. The company won good 1 million new subscribers under its own brand – in the second quarter the fourth quarter in a row with a seven-digit customer growth. The shares climbed to 0.78 percent.
In the technology sector benefited IBM plus 0.42 percent by a breakthrough in the development of much more powerful computer chips, which managed a Research Alliance to the computer giant.
COTY falling deal with PROCTER & GAMBLE
Attention was also making a killing: the shampoo manufacturer Wella, as well as a variety of other cosmetic brands of the US group Procter & gamble change into the realm of the Milliardär family Reimann. The fragrance and cosmetics group Coty, stop the Reimann’s the majority, will buy 43 care and fragrance brands for 12.5 billion US dollars in total. The German group Henkel was regarded as a person interested in Wella according to unconfirmed reports.
From this business, even the P & G shareholders will have something. The Group wants to distribute up to $70 billion, mainly in the form of dividends and share repurchases to shareholders over the next four years. P & G shares lost yet 0.41 percent, Coty slid down to 4.70 percent.