Wall Street This Week Report Card Issuer Influenced Kakap

NEW YORK - Wall Street movement this week will be influenced by the quarterly performance of giant companies in the United States (U.S.). One of them will be released this week is a report card two largest technology company, Apple Inc (APPL.O) and Caterpillar Inc. (CAT.N) does not match the predicted expectations of investors.

In fact, last week the world's largest stock exchange is managed successfully climbed 60 percent since March and the Dow Jones index rose above the level of 10 thousand, so that investors believe the global economic recovery to depanya.

"We've held meetings with several brokers, if this week will experience some selling pressure from investors and quarterly performance reports several big companies," said Chief Investment Northstar Investment Management Corp. Eric Kuby, in Chicago, as quoted by Reuters on Monday (19 / 10/2009).

Several reports released earlier last week showed the results of a proud, such as Alcoa Inc. (AA.N) and JPMorgan (JPM.N). Similarly, the performance report from General Electric (GE.N) and Bank of America (BAC.N), which was released last week disappointed some investors.

In the last week, two huge stock of GE and BAC have corrections. However, S & P index had gained 1.5 percent, as did the Dow Jones index rose 1.3 percent and Dasdaq index rose 0.8 percent.

For information, profit General Electric Co. reported 42 per cent drop because of declining global economy, thus making the financial sector is large and strong initially eroded because of the demand for heavy equipment that it manufactures declined. Meanwhile, profit Bank of America (BoA), which recorded $ 1 billion loss in the third quarter of this