2010/12/10

Afternoon: Stocks mixed to reproduce the Irish crisis

U.S. stocks ended mixed on Thursday afternoon. Good morning the Labor Department released employment data. Ireland renewed fears of debt crisis. Mixed company-specific news.

According to the latest reports, some political opposition groups in Ireland said they would vote on the rescue of the Irish vote against the program.

At 13:15 on December 9 EST, the Dow Jones Industrial Average fell 10.67 points to 11,361.81 points, down 0.09%; the Nasdaq composite index rose 7.82 points to 2,616.98 points, or 0.30%; the S & P 500 Index rose 3.66 points to 1,231.94 points, or 0.30%.

Dow component DuPont (DD) dropped 1.7%, this integrated manufacturing and Science Group, said 2010 results exceeded expectations, and expected profitability will increase. But the patent expired, the company's pharmaceutical business in 2011 revenue would fall.

With crude oil futures prices fell, the energy sector lower.

In Barclays Bank lifted its Janus Capital, Waddell & Reed, and Legg Mason (Legg Mason) and other three asset management company's rating, the financial sector generally rose.

However, State Street Bank (State Street, STT) fell 3.7% after the company announced that it has sold about 11 billion U.S. dollars in mortgage loans and mortgage securities as collateral, and the fourth quarter is expected to suffer losses of $ 350,000,000.

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