U.S. stocks weighed down by weak corporate earnings

But largely FXstreet.com (Barcelona) - Wall Street quickly restored back to strong U.S. data published in recently, itself remains in the Red due to the weak corporate earnings. After the first hour of trading is 0.14% of DOW lower, while the NASDAQ and S & P smaller losses of 0.20% and 0.07% or show.

The main driver of short rest risk appetite was a robust consumer confidence version that improves an analyst-beating 50.2 in October.What's more, manufacturing showed strength over the month with the Richmond Fed index rises to a reading of 5 compared to 2 in the month vor.Die housing industry has relatively weak figures so late, with price indices to 1.7% in the year and 0.4% rose month shown.

Even with the positive fundamentals investor sentiment remains cautious, as the market after the yesterday's gains something excessive seems. weaker than expected earnings provide reason bearish, being after the European stocks lower on UBS's disappointing quarterly financials aktiviert.Aktien for Swiss banks are giants from more than 5.0% in New York while also quarterly losses are the stock price for chemical company DuPont from 2.0% and after the announcement.