Wall Street is returning to the past, the technology falls and the oil rises.

The fall of the consumer Index and the bad forecasts on Baidu, the Chinese Google, marked the session in Wall Street, but the Dow Jones could even keep the green on october 27^th . Also the rise of the dollar and the Oil have been protagonists of Wall Street on October 27^th (the Oil had correction on October 28^th).

The Dow Jones of industry was the only able to end the day in green with rises of 0,14% to 9882 points. The Standard and Poor’s 500 lost a 0.33% to 1063 points. While the technological Nasdaq Composite took the worst part falling by 1,2% to 2116 points.

Two factors played a important role today against Wall Street and The Dow Jones , the technological companies and the fall of the consumer index in October. In the fist case, the American companies of the Nasdaq paid for the giant Baidu, that has very bad forecasts for the upcoming months and Wall Street penalized this.

Known as the ”Chinese Google’, this company announced today a growth of 42% in net profits and a 39% in sales. However, in the last quarter of the year, this company expects to have a profit between 174and 180 millions, very lower than the 205 expected by the analysts, and the fear in Wall Street plummeted the shares by 11,4%.

Except for some exceptions, like Texas Instrument, or IBM, that rose by 0,42 and 0,45 respectively, the majority of the companies integrating the Nasdaq Composite,ended in loses. So AMD fell by 5,35%, Nvidia Corp by 3,4%, Apple by 2,52%, Intel by 0,45%, and Google by 1,07%.

Other industry that made it difficult for Wall Street was the banking, The investors did not like the Bank of America’s amplification of capital by $45Bn , to return the funds of the financial rescue (TARP). Wall street reacted with a fall by 0,3% in the shares. This also transmitted to the other banks.

On the other side,In Wall Street, the oil companies have been benefited by the rise of the West Texas, the reference of the United States rose to $ 79,33.

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