On the Stock Exchange of New York, stock prices closed mixed on Tuesday, with marginal changes.
The stock market has risen 11% in just over two weeks, after many reports of corporate earnings have exceeded expectations.
But the company reports earnings on Tuesday and expressed disappointed that many people are still unwilling or unable to buy. The company of office and school Office Depot Inc. and Coach Inc. manufacturer of bags had problems attracting customers between April and June.
The concern was fueled when the confidence index consumer in the economy of the educational independent Conference Board, fell more than expected. The report spread the fear that a weak expectation among consumers and an increase in unemployment may hamper the economy's ability to recover from the longest recession in six decades.
The third positive reading on the housing market last week and transactions in the technology sector helped temper the disappointment of the market.
The Dow Jones industrial index fell 11.79 points or 0.1% , to 9096.72 after falling to 101 units. The broad index Standard Poor #39; s 500 titles had a decrease of 2.56 points to 0.3%, to 979.62. The Nasdaq rose 7.62 units or 0.4%, to 1975.51 after several high technology companies announced acquisitions.
The light crude with low sulfur content decreased 1.15 $ 67.23 dollars a barrel on the New York Mercantile Exchange.
In Europe, the German DAX index closed with a loss of 76.81 points (1.5%) units at 5174.79, while the French CAC-40 index fell 41.39 points (1.2%) to 3330.97.
The FTSE 100 index of UK businesses are more capital – fell 57.29 points (1.3%) to conclude 4528.84, bringing the FTSE ended with an upward inertia of 11 days.
The stock market had risen substantially in the last two weeks because of quarterly corporate earnings, above the forecast, which has made many investors believe in the whole world that the global recession has bottomed out. In general, stock markets rise from six to nine months before being palpable economic growth.
In Tokyo, the Nikkei 225 index closed barely unchanged, dropping 1.4 points to 10,087 26. In Hong Kong the Hang Seng index closed with a gain of 372.92 units (1.8%) at 20,624.54. The markets in Shanghai and Seoul rose 0.1%.
In Australia, the index gained 0.7% and the sensex in India increased by 0.2%.
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The journalist from The Associated Press AP Jeremiah Marquez in Hong Kong contributed to this release.
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