Stocks look poised to drop following Alcoa’s disappointing earnings

Filed under: Company News , Columns , Earnings U.S. stocks may be poised to drop for a third day following yesterday’s disappointing results from Alcoa Inc. ( AA ), the first major Dow component to report this earnings season. According to Bloomberg News , futures on the S&P 500 expiring in June decreased 0.9 percent to 806.60 at 10:50 a.m. in London, while Dow Jones Industrial Average futures slid 1

percent to 7,683 and Nasdaq-100 Index futures fell 0.6 percent to 1,273.75. Markets in Europe and Asia were also down. Continue reading Stocks look poised to drop following Alcoa’s disappointing earnings Stocks look poised to drop following Alcoa’s disappointing earnings originally appeared on Daily Finance on Wed, 08 Apr 2009 07:30:00 EST. Money. Finance|Finance|Finance|Finance

Financemore here:
Stocks look poised to drop following Alcoa’s disappointing earnings



Leave a Reply