Caution has characterized the session Monday on U.S. markets. As we enter the ball of the first quarterly results, including Alcoa's after-hours trade, the U.S. markets have closed up slightly. The Dow Jones gained 0.18% to 10,216 points, the Nasdaq ahead by 0.09% to 2198 points and the S & P 500 rose 0.07% to 1079 points. Friday, Wall Street closed higher in very small volumes before the opening of the quarterly earnings season.
The euro under $ 1.26
On the foreign exchange market, the euro has further retreated from Monday to below $ 1.26, on a foreign exchange market characterized by a weaker yen due to the electoral defeat of the ruling party in Japan and Pending results of the first companies in the United States.In the eurozone, the key event of the week will be put on the market for Treasury bills Greek tomorrow, the first since the announcement of the bailout of the European Union and the IMF in May
The week will be rich in promises of economic indicators in North America. In addition to the cascade of results expected in the coming days, markets will look especially to the publication of the minutes of the last meeting of the Monetary Policy Committee of the Federal Reserve on Wednesday.They will look particularly at whether the Fed fears that the crisis of sovereign debt in Europe weigh on U.S. growth.
The ball starts quarterly results
In the absence of major macroeconomic publications on Monday, the market should focus on the first quarterly results announcements in the United States.
As always, the kick the ball in quarterly results, was given by the aluminum giant Alcoa (-0.64% to 10.87 dollars) on Monday after closing. Follow in the week the Google technology groups (2.35% to 478.48 dollars), AMD (2.89% to 7.55 dollars) or Intel (1.31% to 20.51 dollars), and JPMorganChase Bank (0.41% to 39.01 dollars) and Bank of America (-0.07% to 15.10 dollars).The figures will be scrutinized with JPMorgan special attention because many investors believe that it is the financial will signal a rebound in real markets.
BP blazes in London and New York
In addition, shares of BP, listed on the NYSE move up sharply to 4:20 p.m. amid speculation about possible asset sales of oil still struggling against the tide nore in the Gulf of Mexico. Like primary listing in London, where the title to earn 8.90% 397.25 pence, the action of BP climbed 5.64% to 35.97 dollars in the U.S. market increased from 0, 06%.
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