Stock Market
Restaurant chain operator Yum! Brands (YUM) also reported, beating the Thomson First Call estimate for the fourth quarter by 2 cents thanks to strong overseas sales. Yum!'s 2008 outlook was slightly below estimates, though, and shares ended down 2.9% to $34.76.
Before the new session began, Tyco International (TYC) reported a 54% decline in fiscal first-quarter earnings but still beat estimates. Whirlpool (WHR), meanwhile, said fourth-quarter profit jumped 72% from last year to beat expectations. Tyco shed 0.7% to $40.30, while Whirlpool jumped 10.3% to $90. Following the end of trading, Dow component Disney (DIS) and JDSU (JDSU) were posting quarterly results. Commodity prices finished lower. Crude oil fell $1.61 to close at $88.41 a barrel, and gold futures slipped $19.10 to $890.30 an ounce. Overseas markets were uniformly lower. Hong Kong's Hang Seng fell 0.9%, and Japan's Nikkei 225 eased 0.8%. Among European bourses, the Paris CAC 40 decreased 4%, and both the London FTSE 100 and Germany's Xetra Dax slipped 2.6%.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
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