VOA标准英语2010年-Upbeat Earnings Reports Lift US Stocks

U.S. retail¹ sales fell half a percent in June providing more evidence that the U.S. economic recovery will slow down in the second half of the year.  But the weaker than expected consumer spending appeared to have little impact on Wall Street as investors² welcomed better than expected profits by some U.S. companies.

Consumer spending fell for a second straight month in June, as Americans held back - due to high unemployment and continuing weakness in the U.S. housing market. 

But investors had other things to cheer about.

The Dow Jones Industrial Average has enjoyed its longest winning streak³ since April following robust⁴ earnings⁵ reports this week by aluminum⁶ maker⁷ Alcoa and railroad giant CSX. 

On Wednesday, the technology sector⁸ led the way after computer chip maker Intel reported $10.8 billion in revenue - its biggest quarterly income in more than a decade.

Intel's Chief Financial Officer Stacy Smith:

"What we are starting to see now is that companies are investing in technology, putting it in the hands of their employees because it makes those employees more productive and it reduces costs for the company," said Stacy Smith. "I think that is really what's driving the market right now."

Intel's record profit is helping⁹ to dispel¹⁰ fears that the U.S. economy is headed towards a double dip recession. 

Fighting its worst approval ratings since taking office, the Obama administration argued the economic recovery remains¹¹ on track.

Vice¹² President Joe Biden said the government's $800-billion stimulus¹³ has already saved or created about three million jobs.

"We are releasing a report today [July 14] that says the GDP is between 2.7 and 3.2 percent higher because of one thing - the Recovery Act," said Vice President Biden. "Put it another way, we would barely be growing at all were it not passed in the first place."

Despite an initial growth spurt¹⁴ from the stimulus, analysts¹⁶ say the U.S. economy is likely to grow more slowly in the second half of the year - not enough to reduce unemployment - now hovering¹⁷ near 10 percent.

But ABC News business analyst¹⁵ Mellody Hobson says better than expected profits this week will have a stimulative¹⁸ effect on the U.S. economy.

"They're either going to have to give it to shareholders¹⁹ in the form of dividends²⁰, hire more people, invest or spend, or buy companies," said Mellody Hobson. "All of that bodes²¹ well.  They can't hold the cash forever."

Despite encouraging earnings reports, U.S. stock prices edged lower late Wednesday after the Federal Reserve trimmed its growth forecast for the U.S. economy - citing weaker than expected consumer spending.

 

1 retail   

v./n.零售；adv.以零售价格

参考例句：

• In this shop they retail tobacco and sweets.这家铺子零售香烟和糖果。
• These shoes retail at 10 yuan a pair.这些鞋子零卖10元一双。

2 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

3 streak   

n.条理，斑纹，倾向，少许，痕迹；v.加条纹，变成条纹，奔驰，快速移动

参考例句：

• The Indians used to streak their faces with paint.印第安人过去常用颜料在脸上涂条纹。
• Why did you streak the tree?你为什么在树上刻条纹？

4 robust   

adj.强壮的，强健的，粗野的，需要体力的，浓的

参考例句：

• She is too tall and robust.她个子太高，身体太壮。
• China wants to keep growth robust to reduce poverty and avoid job losses,AP commented.美联社评论道，中国希望保持经济强势增长，以减少贫困和失业状况。

5 earnings   

n.工资收人；利润，利益，所得

参考例句：

• That old man lives on the earnings of his daughter.那个老人靠他女儿的收入维持生活。
• Last year there was a 20% decrease in his earnings.去年他的收入减少了20%。

6 aluminum   

n.(aluminium)铝

参考例句：

• The aluminum sheets cannot be too much thicker than 0.04 inches.铝板厚度不能超过0.04英寸。
• During the launch phase,it would ride in a protective aluminum shell.在发射阶段，它盛在一只保护的铝壳里。

7 maker   

n.制造者，制造商

参考例句：

• He is a trouble maker，You must be distant with him.他是个捣蛋鬼，你不要跟他在一起。
• A cabinet maker must be a master craftsman.家具木工必须是技艺高超的手艺人。

8 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

9 helping   

n.食物的一份&adj.帮助人的，辅助的

参考例句：

• The poor children regularly pony up for a second helping of my hamburger. 那些可怜的孩子们总是要求我把我的汉堡包再给他们一份。
• By doing this, they may at times be helping to restore competition. 这样一来, 他在某些时候,有助于竞争的加强。

10 dispel   

vt.驱走，驱散，消除

参考例句：

• I tried in vain to dispel her misgivings.我试图消除她的疑虑，但没有成功。
• We hope the programme will dispel certain misconceptions about the disease.我们希望这个节目能消除对这种疾病的一些误解。

11 remains   

n.剩余物，残留物；遗体，遗迹

参考例句：

• He ate the remains of food hungrily.他狼吞虎咽地吃剩余的食物。
• The remains of the meal were fed to the dog.残羹剩饭喂狗了。

12 vice   

n.坏事；恶习；[pl.]台钳，老虎钳；adj.副的

参考例句：

• He guarded himself against vice.他避免染上坏习惯。
• They are sunk in the depth of vice.他们堕入了罪恶的深渊。

13 stimulus   

n.刺激，刺激物，促进因素，引起兴奋的事物

参考例句：

• Regard each failure as a stimulus to further efforts.把每次失利看成对进一步努力的激励。
• Light is a stimulus to growth in plants.光是促进植物生长的一个因素。

14 spurt   

v.喷出；突然进发；突然兴隆

参考例句：

• He put in a spurt at the beginning of the eighth lap.他进入第八圈时便开始冲刺。
• After a silence, Molly let her anger spurt out.沉默了一会儿，莫莉的怒气便迸发了出来。

15 analyst   

n.分析家，化验员；心理分析学家

参考例句：

• What can you contribute to the position of a market analyst?你有什么技能可有助于市场分析员的职务？
• The analyst is required to interpolate values between standards.分析人员需要在这些标准中插入一些值。

16 analysts   

分析家，化验员( analyst的名词复数 )

参考例句：

• City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
• I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。

17 hovering   

鸟( hover的现在分词 )； 靠近（某事物）； （人）徘徊； 犹豫

参考例句：

• The helicopter was hovering about 100 metres above the pad. 直升机在离发射台一百米的上空盘旋。
• I'm hovering between the concert and the play tonight. 我犹豫不决今晚是听音乐会还是看戏。

18 stimulative   

n.刺激，促进因素adj.刺激的，激励的，促进的

参考例句：

• Do you want to enjoy the absolutely stimulative experience? 你想享受魔兽游戏带来的绝对刺激的体验吗？ 来自互联网
• Discussed follow pattern of demand, the way that stimulative technology progresses. 探讨了遵循供求规律，促进技术进步的途径。 来自互联网

19 shareholders   

n.股东( shareholder的名词复数 )

参考例句：

• The meeting was attended by 90% of shareholders. 90%的股东出席了会议。
• the company's fiduciary duty to its shareholders 公司对股东负有的受托责任

20 dividends   

红利( dividend的名词复数 )； 股息； 被除数； （足球彩票的）彩金

参考例句：

• Nothing pays richer dividends than magnanimity. 没有什么比宽宏大量更能得到厚报。
• Their decision five years ago to computerise the company is now paying dividends. 五年前他们作出的使公司电脑化的决定现在正产生出效益。

21 bodes   

v.预示，预告，预言( bode的第三人称单数 )；等待，停留( bide的过去分词 )；居住；（过去式用bided）等待

参考例句：

• This bodes ill for the failure of the programme. 这是那项计划有凶兆。 来自《现代汉英综合大词典》
• This bodes him no good. 这对他是不祥之兆。 来自《现代英汉综合大词典》