Strong earnings reports push U.S. stocks higher
NEW YORK, Jan. 11 (Xinhua) -- The U.S. stocks snapped a 3-day losing streak 1 to close higher on Tuesday as strong earnings 2 reports helped inject confidence into the market.
Alcoa, the aluminum(铝) manufacturer which is traditionally the first component 3 of the Dow Jones Industrial Average to report results, beat the market expectation on Monday by saying it had earned 21 cents a share in the fourth quarter of 2010, excluding one-time items, compared with 1 cent a share last year.
Meanwhile, Sears soared after the retailer 4 posted an outlook that exceeded expectations as sales rose in several categories, including toys and sporting goods.
Luxury retailer Tiffany reported a huge jump in holiday sales, and used the 11-percent year-over-year gain as a reason to boost its full-year outlook for 2011.
Oil prices surged on Tuesday, giving momentum(势头) to some energy- related stocks. Consol Energy, which reported coal production rose 8.4 percent in the fourth quarter, rose nearly 4 percent on Tuesday.
Meanwhile, the U.S. Commerce Department said on Tuesday that wholesale 5 inventories 6 fell 0.2 percent to a seasonally 7 adjusted 425.5 billion U.S. dollars.
Economists 8 polled by Reuters had expected a 1-percent rise in inventories after an October increase that was revised downward slightly to 1.7 percent. It was the first fall in wholesale inventories since December 2009.(本文由在线英语听力室整理编辑)
- The Indians used to streak their faces with paint.印第安人过去常用颜料在脸上涂条纹。
- Why did you streak the tree?你为什么在树上刻条纹?
- That old man lives on the earnings of his daughter.那个老人靠他女儿的收入维持生活。
- Last year there was a 20% decrease in his earnings.去年他的收入减少了20%。
- Each component is carefully checked before assembly.每个零件在装配前都经过仔细检查。
- Blade and handle are the component parts of a knife.刀身和刀柄是一把刀的组成部分。
- What are the retailer requirements?零售商会有哪些要求呢?
- The retailer has assembled a team in Shanghai to examine the question.这家零售商在上海组建了一支团队研究这个问题。
- The retail dealer buys at wholesale and sells at retail.零售商批发购进货物,以零售价卖出。
- Such shoes usually wholesale for much less.这种鞋批发出售通常要便宜得多。
- In other cases, such as inventories, inputs and outputs are both continuous. 在另一些情况下,比如存货,其投入和产出都是持续不断的。
- The store must clear its winter inventories by April 1st. 该店必须在4月1日前售清冬季存货。
- The price of vegetables fluctuates seasonally. 蔬菜的价格随季节变动。 来自《简明英汉词典》
- They moved seasonally among various vegetation types to feed on plants that were flourishing. 它们还随着季节的变化而在各种类型植物之间迁移,以便吃那些茂盛的植物。 来自辞典例句
- The sudden rise in share prices has confounded economists. 股价的突然上涨使经济学家大惑不解。
- Foreign bankers and economists cautiously welcomed the minister's initiative. 外国银行家和经济学家对部长的倡议反应谨慎。 来自《简明英汉词典》