Day by day gaining strength rise in oil prices keeps putting pressure upon the stock market. And the weak quarter results of Citigroup and General Electric did not promote investors’ optimism. On this background the shares on Wall Street have opened with decrease.

Let's remind that Citigroup net profit grew 30 % in 4 quarter up to $6.93 billion, or $1.37 per a share from $5.32 billion, or $1.02 per a share a year earlier.

The profit of sale of department on assets management has made $2.1 billion. Sales of the world largest bank have grown 3 % up to $20.8 billion.

Except for sale investment department and the profit of stopped transactions the profit of the American bank made of $4.97 billion, or 98 cents per a share.

Thomson Financial declared the forecasts of $5.05 billion, or $1 per a share.

And General Electric net profit went up to $5.77 billion, or 55 cents per a share in the fourth quarter from $5.72 billion, or 54 cents per a share a year earlier, that is in line with Wall Street analysts’ expectations.

Sales of the company have grown 3 % up to $40.7 billion; analysts expected $42.39 billion. On the company’s forecast the profit per a share in 2006 will grow 13-17 % up to $1.94-2.02 in comparison with 2005.

Wall Street analysts forecast that on results of current year this indicator will make $1.98. In the first quarter of 2006 General Electric expects the profit for a share at a level of $0.38-0.40 whereas the economists, surveyed by Reuters agency, wait for $0.39 expects.

As a result General Electric profit rose in the 4 quarter, but the increase in proceeds was less than the analysts predicted.

"It was one more solid quarter for General Electric, which was almost in line with the forecasts. The estimation of the company’s prospects is optimistical. However sales has appeared a little below Wall Street expectations that has disappointed a little. General Electric still takes advantages of both domestic and the international economic situation. The forecast for the company’s activity remains favorable", - Tim Grisky at Solaris Asset Management says.

Let's notice that Motorola excellent quarter results, published before the beginning of regular trading session, could not reduce investors’ pessimism.

Let's remind that Motorola net profit jumped 86 % in the 4 quarter owing to stability of demand for mobile phones.

As a result the net profit made $1.2 billion, or 47 cents per a share against $647 million, or 26 cents per a share for the same period of the last year.

The sales volume has increased 18 % up to $10.43 billion for a quarter against the forecast of $10.46 billion. In the 1 quarter of a current year the company expects proceeds at a rate of $9.3-$ 9.5 billion.

Phone supplies rose 40 % y/y in the 4 quarter. Motorola expects growth of profit on 27-29 cents per a share in the 1 quarter.

As a result Dow-Jones index of New York stock exchange has fallen 213.32 points and was closed at a level 10667.39. NASDAQ index has dipped 54.11 points and is at a level 2247.70. S&P 500 index has lowered 23.55 points and is at a level 1261.49.

Profitability of the US state obligations for 30 years has fallen 0.018 in comparison with the previous closing and makes 4.531.

As a result Dow-Jones index quotations have decreased below a level of purchases of futures at 10.690. However we recommend while to keep these positions - risk of decrease at support 10.650 while looks justified. The probability of new growth from the mentioned support seems to us high enough.

And from a level of 1245 there become possible purchases of S&P 500 index futures. The purpose of these purchases can be a level of 1290.