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Financials dampen the mood

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HB NEW YORK. The Dow Jones index of the default values listed 0.1 percent lower at 11,421 points. The broader S & P 500 rose to 0.1 percent in 1221 meters. The index of the Nasdaq tended unchanged at 2576 points.

Earnings were trading on Friday by a strong decrease of 2.3 percent in the share of U.S. insurer AIG. For the financial crisis almost collapsed Institute on no land in sight. Burdened by costly sales tax items and amortization of goodwill in the third quarter was a loss of 2.4 billion dollars.

On the sales list with a decline of 2.7 percent were also US-traded shares of HSBC. Europe’s largest institution for the current year but reported profits well above the previous year. In capital markets, the Bank receives, however, the subdued mood felt in the markets. The trading revenue in investment banking were in the last quarter are less than a year ago.

Limited the losses on Wall Street but by a surprisingly improved situation in the U.S. labor market. The number of employees rose unexpectedly outside of agriculture by 151 000 – on the market, only 60 000 new jobs were expected. In particular, employers in the private sector increased their workforces on strong. That made a reduction of 8,000 jobs in the public service more than necessary. At the same time the data for the past few months have been revised upwards. The unemployment rate in October but already the third consecutive month at 9.6 percent.

Shares of coffee chain Starbucks gained 2.9 percent. The company has increased by a surprisingly high profit in the previous quarter’s forecast for fiscal 2011.