Analytics, News, and Forecasts for CFD Markets: stock news — 04-05-2012.

European stocks declined, extending their weekly drop, as a government report showed U.S. employers added fewer jobs than forecast in April.

U.S. payrolls climbed by 115,000 last month, the smallest gain in six months, after a revised 154,000 increase in March that was more than initially estimated, Labor Department figures showed today. The jobless rate fell to a three-year low of 8.1 percent as people left the labor force.

In Europe, four elections this weekend have the potential to reshape the region’s political map and show how the response to the financial crisis remains hostage to the whims of voters on both sides of the region’s economic divide.

Euro-region services and manufacturing output contracted more than initially estimated in April, adding to signs the economy is struggling to regain strength. A composite index based on a survey of purchasing managers in both industries dropped to 46.7 from 49.1 in March, London-based Markit Economics said today. That’s less than an estimate of 47.4 published on April 23. Readings below 50 indicates contraction.

U.K. house prices dropped the most in 1 1/2 years in April as a stamp-duty exemption for first-time buyers ended and the economy fell into its first double-dip recession since the 1970s, according to Halifax. Prices declined 2.4 percent from March, the mortgage unit of Lloyds Banking Group Plc said.

Hays slid 8.4 percent to 83.35 pence in London, the biggest drop since 2008, and Randstad lost 5.2 percent to 24.28 euros in Amsterdam. Michael Page International Plc retreated 5.4 percent to 385 pence.

Wacker Chemie tumbled 6.1 percent to 59.80 euros, the largest decline in two months. First-quarter net income dropped to 40 million euros from 168 million euros a year ago. The company said it sees its 2012 earnings before interest, taxes, depreciation and amortization “markedly” below its 2011 level.

Taylor Wimpey, the U.K.’s second-largest homebuilder by volume, dropped 7.7 percent to 47.69 pence, the steepest fall since August. Barratt Developments Plc , the biggest, sank 7.5 percent to 124.3 pence.

BHP Billiton, the world’s biggest mining company, decreased 3.9 percent to 1,918 pence and Rio Tinto fell 4.4 percent to 3,214.5 pence as a gauge of basic-resources companies was the worst performer among the 19 industry groups in the Stoxx 600 today. Xstrata Plc slid 3.1 percent to 1,131.5 pence.

Belgacom SA, Belgium’s largest telephone company, advanced 1.3 percent to 21.76 euros after first-quarter profit of 199 million euros beat the average 194 million-euro analyst estimate.

U.S. stocks declined a third day, sending the Standard & Poor’s 500 Index toward its worst week in 2012, as data showing employers added fewer jobs than forecast intensified concern about the pace of economic recovery.

Equities slumped as payrolls climbed 115,000, the smallest gain in six months and below the estimate for a 160,000 advance. The jobless rate unexpectedly fell to a three-year low of 8.1 percent as people left the labor force. Concern about Europe’s debt crisis also helped send stocks slower as services and manufacturing output in the euro region shrank and France, Germany and Greece prepared for elections this weekend.

Nine out of 10 groups in the S&P 500 fell today as energy, technology and financial shares slumped at least 1.6 percent. The Morgan Stanley Cyclical Index of companies most-tied to the economy lost 1.8 percent. Chevron sank 2.2 percent to $103.68. Bank of America slid 3.3 percent to $7.74. Intel fell 2 percent to $27.98.

LinkedIn surged 7.4 percent to $117.50. The company, whose shares have more than doubled since its initial public offering in May 2011, said membership increased to 161 million from 150 million in the fourth quarter.

Resistance 3:1412 (May 1 high)

Resistance 2:1402 (May 3 high)

Resistance 1:1390 (area of session high and МА (200) for Н1)

Current price: 1371,20

Support 1:1371 (session low)

Support 2:1360 (Apr 24 low)

Support 3:1354/2 (area of lows of April)

US Stock futures fell after labor data. Equity futures dropped as payrolls climbed 115,000, the smallest gain in six months, after a revised 154,000 rise in March that was more than initially estimated. The median estimate of economists called for a 158,000 advance. The jobless rate fell to a three-year low of 8.1% and earnings stagnated.

Global Stock:

Hang Seng 21,086 -163.53 -0.77%

Shanghai Composite 2,452.01 +11.93 +0.49%

FTSE  5,704.06 -62.49 -1.08%

CAC  3,196.98 -26.38 -0.82%

DAX 6,621.52 -72.92 -1.09%

Crude oil $100.63 (-1.86%).

Gold $1635.40 (+0.04%).

Asian stocks fell for a second day, with a regional benchmark index heading for its biggest drop in two weeks, as Australia’s central bank cut its economic growth forecast and U.S. service industries rose less than forecast, sparking concern the global recovery may be faltering.

Nikkei 225 Closed

Hang Seng 21,068.17 -181.36 -0.85%

S&P/ASX 200 4,396.04 -32.92 -0.74%

Shanghai Composite 2,452.01 +11.93 +0.49%

Samsung Electronics Co., the world’s No. 1 mobile-phone maker by sales, fell 2.9 percent in Seoul.

Rio Tinto Group, the world’s third-biggest mining company, lost 1.1 percent in Sydney as metal prices dropped.

Sun Hung Kai Properties Ltd. lost 1.4 percent after Hong Kong’s biggest developer announced former Chairman Walter Kwok’s arrest.

Ascendas Real Estate Investment Trust slid 3.8 percent in Singapore after the industrial landlord sold shares at a discount.

Asian stocks fell, with a regional index heading for its first drop in eight days, as growth in China’s services industries slowed and employment reports from Europe to the U.S. and New Zealand fueled concern the global economy is faltering.

Nikkei 225 Closed

Hang Seng 21,225.33 -83.75 -0.39%

S&P/ASX 200 4,428.96 -6.95 -0.16%

Shanghai Composite 2,440.08 +1.64 +0.07%

Esprit Holdings Ltd., a clothier that counts Europe as its biggest market, slid 2.4 percent.

LG Display Co., the world’s No. 2 maker of liquid-crystal displays, sank 5.4 percent in Seoul after reports prosecutors investigating if it illegally obtained a rival’s technology searched its headquarters.

China Construction Bank Corp. and Bank of China Ltd. fell more than 3 percent in Hong Kong after Temasek Holdings Pte. sold shares in the Chinese lenders at a discount.

Change % Change Last

Nikkei 225 Closed

Hang Seng 21,225.33 -83.75 -0.39%

S&P/ASX 200 4,428.96 -6.95 -0.16%

Shanghai Composite 2,440.08 +1.64 +0.07%