usa markets

[reky]

�TOMORROW�S HEADLINES
8:30 a.m.
Apr PPI (expected +0.6%)
8:30 a.m.
Apr PPI, ex-food and energy
(expected +0.2%)
8:30 a.m.
Apr Retail & Food Sales
(expected +0.4%)
8:30 a.m.
Apr Retail & Food Sales,
ex-autos (expected +0.4%)
10:00 a.m.
Mar Business Inventories
(expected +0.3%)
11:00 a.m.
Tsy Secy Paulson tours
bioMerieux in Hazelton,
Mo.
1:15 p.m.
Tsy Secy Paulson speaks
on intl investment in St.
Louis
STOCKS: U.S. stocks fell sharply, with the Dow Jones Industrial Average losing over 130
points, as retailers, including Wal-Mart Stores Inc., reported worse-than-expected declines in
April sales, which were blamed on the weather and the timing of the Easter holiday. Some
investors are also likely to question whether the weaker sales reflect a slowing economy and low
consumer confidence amid a falling housing market and high energy prices. News that the trade
deficit widened sharply in March, after improving over the past six months, also added to the
pressure. By sector, banks, gold and biotechnology led the declines, while airlines were among
the few sectors rising. DJIA was down 147.74 to 13215.13, Nasdaq Comp was down 42.60 to
2533.74, and S&P 500 was down 21.11 to 1491.47.
TREASURYS: Treasury prices ended higher on several factors, including weaker economic
data and falling equities, with the market tone turning more positive after Wednesday�s sell-off
following the Federal Open Market Committee�s rate decision. The market also worked through
the last leg of the government�s May refunding, with the 30-year sale especially weak. But the
market chose to focus mostly on the day�s bond-positive news, with prices pushing up.
FOREX: The dollar was trading at a one-month high against the euro after the ECB signaled
plans to hike interest rates in June but wouldn�t commit to more hikes after that. The dollar�s
rally has also boosted it against sterling, despite the BOE�s rate hike to 5.5% earlier Thursday.
Against the yen, the greenback is a bit weaker from day-earlier numbers as a slide in the US
equities markets have reduced investors� appetite for risk and yen-funded carry trades. The dollar
was at Y120.02 from Y120.05, according to EBS. The euro was at Y161.80 from Y162.38 late
Wednesday. The U.K. pound gained against the dollar at $1.9790 from $1.9938 late Wednesday.
EUR/USD at $1.3489 down from $1.3526.
Thursday, May 10, 2007 4 p.m. ET
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[reky]

Retailers’ April Sales Among Worst Ever
April was among the worst months on record for U.S. retail chains, stoking worries that a
stumbling housing market is putting a big damper on consumer spending.
Bad weather that chilled demand for spring fashions was partly to blame, and so was an
early Easter this year, which boosted sales in March at April’s expense. But even after accounting
for those short-term factors, results sorely missed expectations. Wal-Mart Stores Inc. (WMT)
reported its worst-ever monthly sales, posting a rare drop and noting that its shoppers recently
have expressed concerns about their personal finances, the cost of living and high gasoline
prices.
Major retailers collectively reported a 2.3% decline in same-store sales, or sales at stores
open at least a year, according to an index of 51 major chains compiled by the International
Council of Shopping Centers. Wal-Mart Stores Inc. posted its worst monthly same-store sales
results in at least 28 years, tallying a 3.5% decline in April due to this year’s early Easter as well
as generally challenging economic conditions for consumers.
The recently high-flying department-store sector wasn’t immune to the malaise.
Crude Imports Widen US Trade Gap
The U.S. trade deficit widened in March, as higher crude oil prices failed to prevent a jump
in American demand for crude oil.
The deficit, the largest in six months, indicated that trade was likely an even larger drag on
economic growth than previously thought, said analysts.
The U.S. deficit in international trade of goods and services rose 10.4% to $63.89 billion
from February’s revised $57.89 billion, the Commerce Department said. The February trade gap
was originally reported as $58.44 billion.
MARKETS
Data as of 4 p.m. ET
DJIA
13215.13, -147.74
Nasdaq
2533.74, -42.60
S&P 500
1491.47, -21.11
10-Yr Note
98 26/32, 5/32
4.6498%
30-Yr Note
98 24/32, 2/32
4.8302%
Euro
$1.3489, -0.0036
Nymex Crude
$61.81, +0.26
Source: Reuters Group PLC

[reky]

MARKETS
Data as of 4 p.m. ET
DJIA
13215.13, -147.74
Nasdaq
2533.74, -42.60
S&P 500
1491.47, -21.11
10-Yr Note
98 26/32, 5/32
4.6498%
30-Yr Note
98 24/32, 2/32
4.8302%
Euro
$1.3489, -0.0036
Nymex Crude
$61.81, +0.26

[Memo]

thank you

[kanzsea]

ممكن ترجمة الموضوع بالعربى

[meryan_fx]

ممكن من فضلك تكتبوا لنا باللغه العربيه بدل من اللغه الانجليزيه انا مبفهمشى انجليزى ممكن تكتبوا لنا عربى من فضلك

[love_forex]

والله انا مش فاهم الموضوع بيتكلم عن ايه ممكن تكتبوا عربى علشان انا مش عارف اللغه الانجليزيه منها الى القليل جدا ممكن

[msconfig]

ممكن تكتبوا لنا باللغه العربيه احلى من اللغه الانجليزيه

[soha_2008]

ممكن من فضلك تكتبوا لنا باللغه العربيه احلى من اللغه دى بكثير جدا ممكن من فضلك

[abo_samra]

انت تقصد ايه بالكلام ده ممكن توضح لنا وتبين لنا ذللك من فضلك

[dr_haker]

ممكن تكتبوا لنا باللغه العربيه احلى من اللغه دى

[samer_2009]

ممكن من فضلكم تكتبوا لنا باللغه العربيه احلى من اللغه دى من فضلكم انا محتاج الى معرفه هذا ممكن تعرفونى هذا

[hhsh]

ممكن تكتبوا لنا عربى من فضلك

[sasa_2002]

ممكن من فضلك تكتبوا لنا باللغه العربيه بدل من اللغه الانجليزيه انا مبفهمشى انجليزى ممكن تكتبوا لنا عربى من فضلك

[medecine_ess]

لا أدري ما مقصودك يعني لو كان موضوع فرنساوي لكان أحسن