(Bloomberg) -- U.S. stocks retreated after Google
Inc. posted profit below analysts' estimates and Microsoft
Corp. said Xbox sales fell short of its own forecast.
Google, the most-popular Internet search engine, and
Microsoft, the biggest software maker, led the Standard &
Poor's 500 Index down from a record. Caterpillar Inc. declined
after the largest maker of earthmoving machines said profit
dropped due to the housing slump. Its shares pushed the Dow
Jones Industrial Average lower a day after it closed above
14,000 for the first time.
Read more at Bloomberg Stocks News
Inc. posted profit below analysts' estimates and Microsoft
Corp. said Xbox sales fell short of its own forecast.
Google, the most-popular Internet search engine, and
Microsoft, the biggest software maker, led the Standard &
Poor's 500 Index down from a record. Caterpillar Inc. declined
after the largest maker of earthmoving machines said profit
dropped due to the housing slump. Its shares pushed the Dow
Jones Industrial Average lower a day after it closed above
14,000 for the first time.
Read more at Bloomberg Stocks News
No comments:
Post a Comment