U.S. stock indexes: DJIA rose, S & P 500 fell

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U.S. blue chips on Wednesday rose against the better-than-expected reports on profits, Boeing and United Technologies, but the broader stock index Standard & Poor’s 500 fell, despite a strong record of Apple in response to falling equity in healthcare sector, under pressure in connection to reform its management.

Stock index Dow Jones Industrial Average rose 7.86 points or 0.07 percent, to 11,124.92 points. The best results were at Boeing: its shares rose 2.75 dollars, or 3.9 percent, to 74.16. The profit of the company in 1 st quarter fell 15 percent, less than expected.

United Technology shares also showed itself with a strong hand, rising in price on 2,73 dollars, or 3.7 percent, to 76.93 dollars.

Stock Quotes AT & T fell 32 cents, or 1.2 percent, to 26.34 dollars. The profit of the telecommunications giant in the 1 st quarter fell 21 percent as a result of spending $ 1 billion in connection with reforming the U.S. health care system, although the company’s wireless business continued to grow, thanks to sustained success of Apple iPhone.

Among stocks in the healthcare sector, Dow, Merck securities fell to 1.32 dollars, or 3.7 percent, to 34.74 dollars. Pfizer shares fell 16 cents, or 1 percent, to 16,60 dollar, and shares of Johnson & Johnson became cheaper by 60 cents, or 0.9 percent, to 65.39 dollar.

The health sector also had a downward pressure on the S & P 500, which fell 1.23 points or 0.10 percent, to 1,205.94 points.

Abbott Laboratories shares fell in price for 1,28 dollars, or 2.4 percent, to 51.78 dollars. The company earned 1 st quarter fell 30 percent, despite steady growth in sales of medicines, medical equipment and nutritional supplements, as the company had to increase payments to government health programs, Medicaid in connection with the reform legislation.

Anrey Torbinski
2010-04-22 21:43, Economics.

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