Stock market: Wednesday, results of day.

Close prices:
FTSE 100 – 72.10(-1.2%)6010.00
DOW -16.17(-0.14%)11400.28
NASDAQ –5/87(-0.25%)2303.97
S&P 500 -5.36(-0.41%)1307.85
10YR –7/32 5.14% 95 2/32

Yesterday the Japanese stock market was closed course of the continuation of the “Golden week”.Session will start on Monday.

European shares had lost in price on Wednesday as quarterly reports weren’t so strong to brake the fears of farther increase of rates and high prices for oil. ABN Amro Holding NV, Barclays Plc and Vodafone Group Plc were among the leaders of decrease. As a result of dollar had been traded in an area of 11-months minimum against EUR the Novartis AG shares had fallen on –2.1% and Nestle SA on –1.6%.
Cap Gemini SA, Deutsche Bank AG and EasyJet Plc had presented on Wednesday strong quarterly reports.
We could see that ABN Amro shares lost 1.55% instead of Bardays – 2%. Among others were Vodafone (1.4%) and Unilever (2.6%).
The Cap Gemine reported about the increase of their sales in a 1 quarter on 9.4% up to E1.87billions.($2.36 billions) what was a great push for increase of their shares on a stock market on 6.1%.

The Wall Street closed session with losses after the after disappointing forecasts from Procter and Gamble, Adobe Systems. Other companies had given a chance for investors to close their positions after hard previous sessions. Dow and S&P 500 showed on Tuesday the many years maximums even looking on the increase of the oil prices.
The sentiment changed on Wednesday.Investors had concentrated their attention on the disappointing quarter reports and on growth of profitablesness of Treasure bonds.
From the economic data: the service ISM in April up to 63.0 from 60.5 in March. The separate report has also shown the essential increase of factory orders in April on 4.2% against +0.2% in March.
Corporate news: Component Dow Procter and Gamble has declared growth of quarter profit, however sales of the company have disappointed forecasts of analysts. The company also predicts profit in IV quarter, which is below average analysts predictions.
The analysts were disappointed. The results of the quarterly profits of companies such as Electronic Data System and Adobe System were under the predictable level.
The same situation was with PDL Biopharma which profits also were under the forecast. The company even broke the analysts expectations about the level of financial results of the 2006 year with a mark of “will be under”.
Oil decreased almost on 3% up to 72$ for barrel.
Trade volumes: NYSE 1.47 billion shares; Nasdaq - 1.85 billion .