05/10/2007 盤前速遞

05/10/2007 盤前速遞

繼昨日Fed rate release後創新高，期指SP500 盤前下跌3.80點， NDX 盤前下跌6.00點。

YHOO上漲$0.33至$30.65，成交量不顯著。

各主要股盤前皆微跌，成交量不顯著。

日內看漲。

http://biz.yahoo.com/ap/070510/wall_street.html?.v=10

AP
U.S. Stocks Head Toward Lower Open
Thursday May 10, 9:06 am ET
By Tim Paradis, AP Business Writer 
U.S. Stocks Move Toward Lower Open Ahead of Retail Reports, Following Fed Decision

NEW YORK (AP) -- U.S. stocks headed toward a lower opening Thursday after the U.S. trade deficit rose to its highest level in six months amid an increase in oil imports.
Stocks had been under pressure after receiving a battery of monthly sales announcements from retailers and as stocks overseas pulled back.
 
The slide in stock futures follows a choppy session Wednesday in which stocks rose after the Federal Reserve left short-term interest rates unchanged as expected and signaled inflation remains stubborn. Investors appeared somewhat disappointed that the Fed did not raise the possibility of a future rate cut.

Retailers reported largely disappointing April sales figures from retailers, raising some questions about consumer spending. Meanwhile, the Commerce Department said the gap between what the United States imports and what it exports rose to $63.9 billion in March, an increase of 10.4 percent from February. The trade deficit figures came as a surprise; Wall Street had been expecting a figure of $60 billion.

The Labor Department also said in a weekly jobs report that the number of laid off workers seeking unemployment benefits fell rather than rose last week, as had been expected.

Dow futures expiring in June fell 34 points, or 0.25 percent, to 13,350. The blue chip index has hit 21 record closes since the start of the year and 43 since the beginning of October, its latest coming Wednesday.

Standard & Poor's 500 index futures fell 3.40, or 0.22 percent, Thursday to 1,512.20. Last week, the S&P 500 moved above the 1,500 level for the first time in nearly seven years. The 1,500 level -- and a recent high of 1,513.80 -- puts the closing high of 1,527.46 reached in March 24, 2000, within investors' sights.

Nasdaq 100 index futures Thursday slipped 5.25, or 0.27 percent, to 1,907.00.

Stocks had been perhaps due for a bit of a pullback given the sharp increases in recent sessions with little pause.

The dollar was mixed against other major currencies.

Stocks slid further Thursday in Europe after the European Central Bank left its key interest rate unchanged and was expected to signal an increase to 4 percent could occur next month. Meanwhile, the Bank of England raised official interest rates to the highest level in six years amid persistent inflation.

Britain's FTSE 100 fell 0.42 percent, Germany's DAX index fell 0.45 percent, and France's CAC-40 fell 0.26 percent. In Asia, Japan's Nikkei stock average closed down 0.06 percent.

Though quarterly earnings reports are winding down among U.S. companies, Wall Street was still hearing from some well-known names.

Viacom Inc.'s first-quarter earnings fell 36 percent as the media company saw higher marketing costs for movies and a restructuring charge at its MTV network.

EchoStar Communications Corp., a satellite television provider, said Thursday its first-quarter earnings rose 7 percent as the company added 310,000 subscribers.

Whole Foods Market Inc. saw slowing sales growth and rising costs hurt first-quarter profits. The natural and organic foods retailer's results missed Wall Street's expectations.

Chocolate maker Hershey Co. warned rising dairy costs would dent 2007 profits.

Apparel retailer Limited Brands Inc. said its April same-store sales, or sales at stores open at least a year, fell 1 percent as expected in April.

AnnTaylor Stores Corp.'s April same-store sales fell 12.8 percent. Wall Street had been looking for a decline of 4 percent.

New York Stock Exchange: http://www.nyse.com

Nasdaq Stock Market: http://www.nasdaq.com