So the Fed and Profit Focus Wall Street

In the fourth week of January 2012, Wall Street will be busy with earnings reports and the Fed meeting for two days.

Starting Monday, the index into the busiest week earnings reports such as Texas Instruments Inc., Halliburton Co.. To Apple Inc., Johnson & Johnson, McDonald’s Corp., Verizon Communications and Yahoo Inc. on Tuesday.

To report the performance on Wednesday, will be enlivened Boeing, ConocoPhillips, United Technologies. On Thursday, the market will look at profitability 3M, AT & T Inc., Starbucks, Time Warner Cable Inc. While Friday’s Chevron Corp., Honeywell International and Pocter & Gamble Co.. So quoting marketwatch.com.

While Fed officials will hold its first meeting this year for two days starting on Tuesday (24 / 1). Institutions that are in shade Fed will make a statement on Wednesday, the next day. Although there is no expectation of policy, if any decision about the interest rate it will be able to change in market sentiment.

Next week there will be some data that will be released as the home sales data for December 2011. Unemployment benefit claims data will be released on Thursday. While Friday’s durable goods orders data for the month of December and new home sales are also on Thursday.

Next week will also be released data from the Commerce Department about the U.S. gross domestic product for the fourth quarter of 2011.

To report the performance of companies that have been released, the majority of exceeding expectations. Although the performance of the fourth quarter of 2011 was not as good as in the previous quarter. Until now, a total of 70 companies in the S & P residents had reported earnings, with 60% have exceeded analysts’ estimates.

In the third quarter 2011 performance report, as much as 68% of companies beat estimates laporran Wall Street. Even in the second quarter 2011 by 70% over analysts’ estimates. The banking sector still dominates the support the stock index. This sector has become one of the market leader despite having mixed income in the year 2011.

While Wall Street’s best record since Christmas reinforcement during the third week yesterday. It is, triggered by the performance of technology companies IBM and Intel. The Dow Jones Industrial Average rose 96.50 points (0.76%) to 12720.48. Standard & Poor’s 500 index edged up 0.88 points (0.07%) to 1315.38. While the Nasdaq Composite Index slid 1.63 points (0.06%) to 2786.70.

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