Schedule of stocks as worries over Europe linger

NEW YORK - continued concerns about persistent European debt crisis in the shadow of small oil prices rise and stocks pushed slightly lower on Tuesday.

Oil rose nearly $ 2 to $ 99.59 per barrel after large banks raised their forecasts for the crude oil prices. Analysts from Goldman Sachs, J.P. Morgan and Morgan Stanley predicts that an increase in global demand would drive the higher oil prices later this year. Goldman analysts announce oil prices could reach $ 135 per barrel at the end of 2012.

Stocks fluctuated between gains and losses throughout the day, with Chevron Corp. and other companies of energy with the largest gains. Energy companies in the S & P 500 increased by 1.3%, most of the groups of ten of the industry in the index.

The Dow Jones industrial average fell 25.05 points, or 0.2 percent, to close at 12,356.21. The standard & poor 500 index fell 1.09 point to 1,316.28. The Nasdaq composite dropped 12.74 or 0.5%, to 2,746.16.

Stocks had been on a tear for the first four months of the year, lifted by reports of stronger earnings, the labour market improvement and other signs of economic recovery. But all three major indexes have lost more than 3.5% this month, then the revenues remain strong. Widespread optimism was pushed aside by a variety of concerns, including the impact of high prices of oil on consumer spending and debt disorders the risk that Europe could get worse.

Markets face more troubling news on Europe Tuesday, when the main opposition of the Greece party said that he opposed the latest attempts of the Government to reduce the debt. News also dampened hopes that the country could be able to repair its finances enough to get another prepared package of the Monetary Fund International.

Ratings agency Moody has also warned that a restructuring of the debt of the Greece would be regarded as a failure. That would result in costs of borrowing for other European countries to debt short to soar.

URI Landesman, Chairman of hedge fund manager partners Platinum, said a Greek default could start a chain reaction affecting the large countries such as the Spain - the fourth economy in Europe - wreaking havoc on the world economy.

"If you had a defect in Spanish, it would be only one World Bank not affected," said Landesman.

US banks had 187 billion at stake in Spain at the end of last September, according to the most recent data of the Bank of international settlements. The amount includes holdings of government debt, derivatives contracts and other commitments.

European stocks managed to recover after a decline Monday, in part because of a reassuring report Germany optimism business has been stable.

The Germany DAX and England FTSE 100 a completed day 0.4% higher. CAC - 40 added France 0.3 per cent. The euro also rose slightly against the dollar after having fallen to a low Monday in two months.

The US Commerce Department reported that sales of new homes have increased slightly in April, but at a rate far below what would be normal in a healthy housing market. Sales increased at an annual rate of 323 000 to 300 000 in March.

New homes are attractive to their budget families because their median price is about 31% more than previously occupied homes. It is two times the typical price of a healthy economy difference. At their current pace, new home sales are on track for a sixth year of experience cuts.

Energy company El Paso Corp. has increased by 6%, most of any stock in the S & P 500, after having declared that it has itself split into two companies listed at the end of this year.

AutoZone Inc. has increased by 6% after the specialty retailer earnings jumped 12 percent on strong sales of its auto parts Duralast.

Stanley Black & Decker Inc. has dropped 2% after the announcement of the law firm of Goldfarb Branham LLP that they were investigating the Board of Directors of the company over questions about CEO compensation.

Medtronic Inc. fell 1% after earnings had forecast.

Falling share outpaced rising by a small margin on the New York Stock Exchange. Trading volume was $ 3.6 billion shares.

Diving in U.S. stocks on European debt worries

NEW YORK--after three days of bad news about the debt crisis of Europe sent Asian and European markets down Monday, it was Wall Street Tower.

The Dow Jones industrial average fell as much as 180 points before paring back some of its losses. An another steep downgrade of the credit rating of the Greece, a warning on the Italy debt and a major defeat of the party in power to the Spain caused new concerns about Europe's debt crisis.

Who sent the euro lower against the dollar. A stronger dollar, it is more expensive for other countries buying US exports, hurt American businesses that sell goods abroad. Fears that Europe's debt problems could degenerate, as they did last year when the Greece fondue, sent stocks plummeting around the world.

The dollar rose by 0.6 per cent against an index of currencies international Monday. The euro dipped briefly its lowest level against the dollar in two months.

The bad news began late Friday, when the rating Fitch devalued the Greece debt agency in addition in undesirable situation. That gave investors more reason to fear that the country will need help more manage debts beyond the prepared package of emergency, he received last year.

Then, Standard & Poor said Saturday that the Italy was in danger of having its rating lowered debt if it could not reduce its borrowings and increase economic growth. The next day, Spain Socialist Party was roundly defeated in local elections, potentially compromising the country's deficit reduction program.

The Dow Jones index fell 130.78 points, or 1.1%, to close at 12,381.26. The standard & poor 500 index fell 15.9 or 1.2%, 1,317.37 all but a handful of stocks in the S & P 500 dropped a. The Nasdaq composite index fell 44.42 or 1.6%, to 2,758.9.

European markets closed also sharply lower. The FTSE 100 index shares British leaders fell by 1.9%. The DAX lost 2 percent Germany. The CAC 40 in France was less than 2 per cent.

While stocks react strongly to newspapers of the weekend, investors do not sell corporate bonds. If they were, it would signal that investors have been growing wary of the risk, said Jack Ablin, Chief Officer at Harris Private Bank investment officer.

"There is a perception in the short term risk, but I do not view as necessarily sustainable," said Ablin.

Still, investors seeking safer assets, performance on the ticket of 10 years of the Treasury Board went as low as 3.10%, its lowest level of the year. Performance is returned up to 3.13% in afternoon trade, slightly under the 3.15 percent that he traded to end Friday. Fall when increase their bond prices.

Some analysts believe that a decline in stocks was late. Markets were pitched in recent weeks, but the Dow Jones index is always up to 7 percent this year. The index made few cases of the revolutions in the Arab world, attempts by China and other emerging markets to slow growth and the nuclear crisis to the Japan. Now that the season of the benefits of U.S. companies is complete, comprehensive news has become the focal point of.

"There is not much good news," said Randy Bateman, President of Huntington Asset Advisors. "Investors need an excuse to withdraw".

Sovereign debt downgrades can shock on world markets, when they are first announced. Recently, debt downgrades had a short-term effect. Moody devalued March 10 Spain debt. The IBEX 35 sunk 1.3% on the news, but recovered its losses within days.

S & P downgraded its debt outlook to the United States April 17 from stable to negative, which means that it might reduce the country debt rating in the future. The warning sent the Dow down 240 points in morning trade but it recovered the next day.

Four stocks fell for each other that is passed to the New York Stock Exchange. Volume was 3.4 billion shares.