The future of Standard Poor's 500 and Nasdaq 100 predict a small increase in opening of U.S. stock markets on Friday. Thursday already, the New York Stock Exchange ended without direction.
U.S. investors, like their counterparts in Europe and Asia, should be particularly attentive to the development of the debt crisis in the eurozone. They should avoid taking risks when to begin a crucial summit on the debt crisis this weekend. Paris and Berlin have announced that Nicolas Sarkozy and Angela Merkel would speak well Saturday in Brussels to prepare an "ambitious and comprehensive response" to the crisis. Concrete measures will be considered Sunday to be adopted during a second peak "no later than Wednesday."
Discussions will focus on how to increase the capacity of the European Financial Stability Fund (EFSF), but also on the rescue of Greece.Meanwhile, in Greece, the anti-austerity continues. A new law has been de rigueur in the Greek Parliament voted Thursday.
Summit high risk in Europe
For many observers, however, profound differences remain between France and Germany. "There is no joint proposal" European at the moment, has acknowledged Thursday the German Finance Minister Wolfgang Schäuble. For his part, President of the European Commission Jose Manuel Barroso called on Europeans to "compromise" to reach decisions "resolved" and "immediate."
Another failure might further undermine investor confidence in the ability of Europeans to fight effectively against the debt crisis.They would now have a highly sensitive situation at the G20 to be held in early November.
Pressure rating agencies
Rating agencies are increasing the pressure on the euro area. After Moody's, S & P raised doubts about the AAA rating of the long-term debt of France. The agency suggests a probable degradation of notes France, Spain, Italy, Ireland and Portugal according to economic conditions no fax pay day loan.
On the macroeconomic front there is no any major indicator on the agenda of U.S. investors on Monday.
On the foreign exchange market, the euro retreated slightly to 1.3741 dollars against 1.3772 dollars on Thursday night. Oil prices were, themselves, up in the wake of the announcement of the disappearance of the former Libyan leader Muammar Gaddafi.The barrel of "light sweet crude" for December delivery gained 71 cents to 86.78 dollars on the New York Mercantile Exchange while in London, a barrel of Brent North Sea crude for December delivery was appreciating eight cents to 109.84 dollars on the Intercontinental Exchange (ICE).
Earnings up for Microsoft
The side of values, after the close, Microsoft released the first quarter, revenues of $ 17.4 billion, up 7% year on year. Net income reached 5.74 billion, up 6%, while earnings per share rose 10% to $ 0.68.
Sandisk has reported a turnover in the third quarter of $ 1.4 billion, up 15% year on year.Earnings per share were $ 0.96 against $ 1.34 last year.
Altera has recorded sales of 522.5 million dollars in the third quarter, down 1% year on year and down 2% from the previous quarter.
Capital One Financial has released the third quarter net income of $ 813 million against 803 million last year and 911 million in the second quarter.
Chubb Corp in the third quarter earnings per share of $ 1.04 against $ 1.8 last year.For the full year, the U.S. insurer expects operating earnings per share of 5.1 to 5.2 against the dollar from 5.55 to 5.85 dollars in a previous estimate.
Note also, from Monday, October 24, the company Groupon, which specializes in online distribution of discount coupons for shopping in local markets, should do its IPO on the basis of a valuation from October to December billion. However, it is far from the capitalization of 15 to 20 billion, of which Andrew Mason, founder of the company was still dreaming in June.