Stock Market News U.S: Wall St drops on problems about earnings, international growth may be a major issue

U.S. stocks fell slightly on low volume on Monday, retreating from recent highs of five years, investors awaiting the start of what is likely the wrong season.
Analysts predict earnings decline of 2.4 per cent in the previous quarter of the year, which would mean the first time in three years and it is difficult to justify the maintenance of reserves near the last vertex.
The season begins on Tuesday, reports on the results of the aluminum Dow component Alcoa Inc. AA.N), which, as expected, after the decline in profits compared to last year.
"We had a good race, and we are top of the range," said Scott Wren, senior equity strategist at Wells Fargo Advisors in St. Louis. "There is very little chance of surprises in the results. See, comparing children in general. "
Dow Jones Industrial Average. DJI fell 33.93 points, or 0.25 percent to 13,576.22. Standard & Poors 500. The SPX fell 6.02 points, or 0.41 percent, 1,454.91. Nasdaq. IXIC dropped 22.37 points, or 0.71 percent, to 3,113.82.

In the absence of data and corporate earnings on Monday, trading should be light in respect of Columbus Day. On the U.S. bond market was closed.
Strategists and investors say quotes for U.S. stocks mostly out of sync with the revenue estimates.
Markets are also worried about the outlook for the global economy after the World Bank cut its growth forecasts for Asia and the Pacific, and warned slowdown in China may worsen and last longer than many analysts had expected [ID: nL3E8L82LA]
The current crisis in Europe has contributed to the weakness of China forecasts. Officials from the Eurozone met on Monday to start the rescue funds in the region, and at a meeting of regional finance ministers, said that Spain has no need of salvation, because that is taking steps to put its finances in order
For investors, the long-term prospects for European debt problems dragged the obstacles still to be overcome. "This thing has years to play," Rehn said. "We are far from the end of this in any way, shape or another."
When Alcoa reports, analysts expect breakeven quarter, compared with a profit of 15 cents per share, a year earlier, according to Thomson Reuters. A part of Alcoa rose 0.8 percent to $ 9.16.
Final warnings large multinational companies such as FedEx Corp (FDX.N), Caterpillar Inc. (CAT.N) and Hewlett-Packard Co (HPQ.N), citing weakness in Europe and China.
"Sure, there are a number of changes in the income decline in general. Some predict that we can see the total collapse of income, so there may be some defensive posture and profit," said Peter Jankovskis, co-chief investment officer chief investment Oakbrook LLC in Lisle, Illinois, said.
According to Thomson Reuters, Monday, 91 companies from the Standard & Poors 500. INX negative outlook issued against 21 pronouncements positive at a rate of 4.3, the lowest level since the third quarter of 2001.

Apple Inc. (AAPL.O) shares paid a $ 646.19 per cent and was the biggest obstacle that the S & P 500 and the Nasdaq 100. NDX index after China Labor Watch, the rights group said the Foxconn factory in China that makes Apple's iPhone has been hampered by the strike. Foxconn, the Taiwanese company has denied the information.
UnitedHealth Group (UNH.N) shares rose 0.7 percent to $ 57.52 after the health insurer said it will buy a 90 percent Amil Participacoes SA (AMIL3.SA) the largest company in Brazil health, about 4, 9 billion.
Chemical manufacturer TPC Group Inc. (TPCG.O) said it had received an offer of Innospec Inc. (IOSP.O) to 721.3 million dollars, which exceeds the offer made by private equity firms . PTC parts jumped 4.7 percent, to $ 45.41, while Innospec paid 0.7 percent, to $ 33.69.