Stock market. Thursday results [E]

Closing:
Nikkei 225 +446.58 (+3.10%) 14,946.84
FTSE 100 -7.10 (-0.12%) 5,770.90
DOW -82.60 (-0.75%) 10,928.82
NASDAQ -40.30 (-1.94%) 2,040.41
S&P500 -10.13 (-0.80%) 1,249.68
10YR +8/32 5.02% 100 25/32

On Thursday Japan stock market rose after Fed Chairman Ben Bernanke suggested the Fed is close to stopping two years of interest-rate increases.
Japan exporters such as Toyota Motor Corp. and Canon Inc. were gainers.
Toyota stocks boosted 3.2%, Canon, the largest world’s camera manufacturer jumped 3.1%, and Honda Motor Co. 4.6%.
Times informed, head vice-president Honda Ken Kier declared company invests means into plant in Svindon (England) to increase cars’ sales in Europe to 0.5 mil. units per year.

On Thursday EU stock markets continue to gain.
Yesterday Bernanke’s comments and oil drop influenced positively on investors’ sentiments.
SAP report showed in Q2 company’s profit exceeded forecasts. Roche stocks lifted after Swiss phaurmacetical company announced earnings growth 37% to Chf4.54 bln. in six months.
British Airways shares strengthened on rumors Emirates’ acquisition.
Nokia stocks rose after strong Q report.

U.S. stock market closed the day with losses of main indexes after FOMC minutes couldn’t answer a question about pause in monetary policy tightening.
Despite, decision to raise interest rate to 5.25% was unanimous, Committee members could not come to opinion as this interest rate "is slightly constraining, or a little bit stimulating ". It gives an opportunity for further actions of the central bank.
As a result sales in technological sector became more active.
Nasdaq losses exceeded drop of ``blue chips’’ from the beginning of year and made 6.7%.
In the morning weak Philadelphia Fed in comparison with forecasts insisted investors to think it isn’t fast paces of economy slowdown. It was a reason main indexes slump to negative area. Besides, growth of price component shows preservation of inflation pressure.
On Wednesday after the closing some companies of technological sector announced quarter results. The results were not bad, however investors preferred to focus on disappointed reports.
Intel’s sales volumes appeared below forecasts. Besides, company lowered forecast for profit in Q3. Intel shares fell 5% since morning.
Apple Computer Inc declared earnings in Q3 of financial year rose at 48% thanks to iPod sales and "Macintosh" computers, producing jointly with Intel Corp.
Profit of the world’s largest drug company Pfizer Inc. Rose in Q2 and made $3,66 bln. or $0,50 per share against $3,32 bln. or $0,45 per share in Q2 2005.
Trade volumes: NYSE – 1.41 bln.; Nasdaq – 1.75 bln.