Apple supports the U.S. markets

April 21, 2010 - 7:20 pm Comments Off

U.S. stock markets are a small step forward Wednesday. The Dow Jones ahead of a timid 0.06%, while the Nasdaq rose 0.24%. The previous day, the Dow Jones gained 0.23% and the Nasdaq 0.81%. In Asia this morning, the same trend with the Nikkei in particular that ended on a positive note (1.74%).

Apple Earnings blaze

The technology sector benefited from the announcement after market, a 90% surge in net income of U.S. computer maker Apple in the first quarter. Inflated by including a doubling of sales of iPhones, the company's net earnings to net apple exceeds $ 3 billion in the second quarter of its fiscal offset. Turnover was up 49% to 13.50 billion dollars.Apple shares climbed 5.64% to 258.38 dollars.

Also in the technology sector, Yahoo! also published after the close a net profit group share in the first quarter more than doubled on year to more than 310 million dollars. In contrast, the turnover has been disappointing. It increased only 1% to just under $ 1.6 billion. Result: the shares fell sharply from 5.77% to 17.32 dollars.

On Tuesday, the financial sector, for its part, was carried by the strong quarterly results from investment bank Goldman Sachs (1.26% to $ 162), whose future remains clouded by fraud prosecutions undertaken by securities regulators in the United States and Great Britain.The firm has more than doubled its net profit in the first three months of the year to nearly 3.5 billion dollars.

On the foreign exchange market, the euro was slightly lower Wednesday as investors watching the talks between Greek officials and teams from the EU, IMF and ECB on aid to Greece due to start Wednesday after a successful bond sale by Athens yesterday. By mid-afternoon, the European currency was worth 1.3401 dollars, down 0.16%.

Today on Wall Street, investors will monitor the traditional weekly crude inventories will be published in late afternoon.

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