U.S. stocks down on Microsoft news

[dj_tessai]

Fri Apr 28 17:50:38 2006 EST

NEW YORK, Apr 28, 2006 (UPI via COMTEX) -- A disappointing profit-outlook for
Microsoft Corp. pulled U.S. stocks down Friday.

The Dow Jones industrial average was off 11.29 or 0.10 percent to 11,371.22, and
the Nasdaq composite fell 22.37 or 0.95 percent to 2,322.58. The Standard &
Poor's 500 rose 1.11 or 0.08 percent to 1,310.83.

Microsoft's quarterly profits missed estimates and its guidance was down beat.

The benchmark 10-year Treasury rose 1/32 point to lift its yield to 5.069
percent.

The dollar fell to 113.83 yen from 114.12, and the euro rose to $1.2626 from
$1.2434.

Tokyo's Nikkei 225 closed at 16,906.23 after falling 208.31 or 1.22 percent,
while London's FTSE 100 settled at 6,023.10 on a decline of 36.90 or 0.61
percent.


URL: www.upi.com


Copyright 2006 by United Press International


************************************************** ********************

As of Monday, 04-24-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an
automated pattern recognition system, indicated an UPTREND on 10-28-2005 for
MSFT @ $26.94.

(C) 2006 Comtex News Network, Inc. All rights reserved.

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KEYWORD: United States
SUBJECT CODE: Foreign Exchange Market
Software
Prices
Currency Values
Stocks
Bonds
Corporate Performance
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28-Apr-2006 17:50