European debts cast doubt on Wall Street.

Keywords: market, Scholarship, conjuncture, WALL Street.

The New York Stock Exchange ended the session down 2%. As in Europe, investors fear a spillover of sovereign debt problems despite denials by the rating agencies.
U.S. markets open swim doubt. While Dow Jones was awarded 1.30% yesterday the key index plummeted in New York on Tuesday to finish down 2.02% at 10,927 points. This is the biggest drop in three months. Nasdaq declines at the close of 2.98% to 2424 points while the S & P 500 lost 2.38% to 1174 points.
Like their EuropeanU.S. investors fear a risk of contagion from problems of sovereign debt in Europe. At issue: Spain. Some traders suggest markets rumors that some rating agencies - Moody's and Fitch - are about to degrade the debt rating of the country Or that it would be about to seek financial assistance from the IMF. Information immediately contradicted by the rating agency Fitch Ratings which reaffirmed the rating of "triple A" she attributes to the sovereign debt of Spain, with a stable outlook.
This situation causes the fall of the euro against the dollar: a dollar is trading 1.3002 euro. The euro is also dropped during the session under $ 1.30. For the first time in a year.
Oil prices also fell more than 3 dollars in New York. The barrel, light sweet crude for June delivery ended at 82.74 dollars.
"Greece, the disastrous oil spill, ThefoiledFrom now on, not everyone seeks more than security, "says Stuart Hoffman, an analyst at PNC Financial.
These fears are mixed into the background good indicators released after market opening. The industrial orders rose by 1.3% in March against an expected decline of 0.1%. Moreover, the promises of sales climbed 5.3% while the market waited 4%.

Apple guarded:
The values most sensitive to economic conditions have suffered in the image of Caterpillar (-4,59%), Alcoa (-4.41%) Or Hewlett-Packard (-3,91%).
European problems also overshadow the series of results published on Tuesday.
Xerox (-4.16% To 10.59 dollars) announced Tuesday that it expected an annual profit in the high margin goal in 2010 thanks to cost cuts and expansion of its business services, and that an increase of 1 to 3% of its annual turnover.
Teva (-1.67% To 59.03 dollars) a giant global generics, reported earnings per share excluding items of 91 cents against 71 cents a year earlier, while turnover increased by 16 % to 3.7 billion dollars.
MasterCard (0.41% to 251.77 dollars) has issued a 24% increase in earnings in the first quarter to 455 million dollars against 376 million a year earlier.
Pfizer (2.07% to 17.26 dollars) has issued an adjusted earnings per share of $ 0.60 in the first quarter and a turnover up 54% to 16.8 billion dollars. It's better than expected given the consensus earnings per share of $ 0.53 and a turnover of 16.58 billion. Despite the context, the news was welcomed by investors.
Merck & Co (1.56% to 35.82 dollars) has also been supported by the markets. The group made a condition better than expected quarterly profit to 299 million. Excluding items, earnings per share (EPS) totaled 83 cents against 75 cents expected by analysts.