4:30PM New York, 10:30PM Frankfurt, 6:30AM Sydney– Tech stocks dropped as investors sold Google, Microsoft and AMD after the earnings. European stocks rebounded. Asian markets closed higher.

North American Markets indexes

Dow Jones Industrial Average increased 49.91 or 0.44% to a close of 11,496.57, S&P 500 closed up 0.36 or 0.03% to 1,260.68, and Nasdaq Composite Index decreased 29.52 or 1.28% to close at 2,282.78. In Toronto TSX Composite closed up 55.71 or 0.41% to 13,515.96.

Of the 30 stocks in Dow Jones Industrial Average 19 stocks gained and 10 declined.

Microsoft Corp led the decliners in the Dow Jones Index with a fall of 6.03% followed by decreases in JP Morgan Chase of 1.9%, in Caterpillar of 1.3%, in Walt Disney of 0.9%, in United Technologies Corp of 0.9% and in 3M of 0.7%.

Citigroup led the gainers in the Dow Jones Index with a rise of 7.7% followed by increases in Bank of America of 3.7%, in IBM of 2.7%, in General Motors of 2.6% and in Merck & Company of 1.95%.

Of the stocks in S&P 500 index, 254 increased, 236 declined and 10 were unchanged. Of the index stocks 42 stocks rose more than 3% and 25 fell more than 3%.

Advanced Micro led the decliners in the S&P 500 index with a loss of 12.2% followed by declines in Huntington Banc of 11.90%, in Supervalu Inc of 10.6%, in Gilead Sciences of 10.6%, in Google Inc of 9.77%, in Zions Bancorp of 7.9% and in Tesoro of 6.5%

Fannie Mae led the gainers in the S&P 500 index with a rise of 22% followed by gains in WaMu of 18.64%, in Mattel Inc of 13.02%, in Barr Pharmaceuticals of 10.95%, in Freddie Mac of 10.2% and in Citigroup of 7.7%.

South American Markets Indexes

Peru led the decliners in the Latin American markets with a fall of 2.00% followed by decreases in Brazil of 0.2% and in Argentina of 0.16%.

Chile led the gainers in the region with a rise of 1.6% followed by gains in Argentina of 0.7%, in Venezuela of 0.36% and in Colombia of 0.5%.

Europe Markets Review

In London FTSE 100 Index closed higher 90.10 or 1.70% to 5,376.40, in Paris CAC 40 Index increased 73.37 or 1.74% to close at 4,299.36 and in Frankfurt DAX index higher 111.38 or 1.78% to close at 6,382.65. In Zurich trading SMI increased 88.15 or 1.31% to close at 6,827.31.

Asian Markets Review

The Nikkei 225 Index in Tokyo closed lower 84.25 or 0.65% to 12,803.70, Hang Seng index in Hong Kong increased 139.47 or 0.64% closed to 21,874.19. ASX 200 index in Australia decreased 60.60 or 1.24% to close 4,840.40. The KL Composite index in Malaysia decreased 16.13 or 1.44% closed to 1,105.04.

The Kospi Index in South Korea decreased 15.57 or 1.02% to close at 1,509.99, SET index in Thailand closed lower 5.45 or 0.81% to 664.52 and JSE Index in Indonesia decreased 26.58 or 1.23% to 2,141.14. The Sensex index in India increased 523.55 or 3.99% to 13,635.40.

Commodities, Metals, and Currencies

Crude oil decreased $0.54 to close at $128.75 a barrel for a front month contract, natural gas closed up 14 cents to $10.68 per mBtu and gasoline futures increased 0.02 cents to close at 316.35 cents per gallon.

Gold decreased $12.70 in New York trading to close at $958.00 per ounce, silver closed down 53 cents to $18.20 per ounce and copper for front month delivery decreased 4.60 cent to $3.66 per pound.