Stocks mixed as earnings reports roll in

Written By kolimtiga on Rabu, 23 Juli 2014 | 22.26

Stock indexes were little changed in early trading Wednesday as mostly positive earnings in the technology sector were outweighed by disappointing news out of aircraft giant Boeing.

KEEPING SCORE: The Dow Jones industrial average fell 30 points, or 0.2 percent, to 17,078 as of 10:07 a.m. Eastern. The Standard & Poor's 500 index rose less than a point to 1,983 and the Nasdaq composite rose six points, or 0.1 percent, to 4,462.

BIG TECH: Apple reported higher quarterly profits after the market closed Tuesday, topping analysts' estimates. Sales of iPads slipped, but iPhone shipments increased 13 percent over a year earlier. Apple rose 83 cents, or 1 percent, to $95.56.

NEED A REPAIR MAN: Appliance maker Whirlpool fell $7.37, or 5 percent, to $135.70 after the company's earnings came in well short of analysts expectations. The company reported an adjusted profit of $2.62 per share compared with the $2.88 expected by analysts,

NO LIFT: Boeing reported a 52 percent jump in quarterly profits, but still investors weren't impressed. Boeing lost fell $3.18, or 2.5 percent, to $126.55, the biggest decline in the Dow.

BONDS AND OIL: Prices for U.S. government bonds rose. The yield on the 10-year Treasury note dipped to 2.45 percent from 2.47 percent late Tuesday. Benchmark U.S. crude oil rose 16 cents to $102.55 a barrel.

Copyright © 2014, Los Angeles Times

Anda sedang membaca artikel tentang

Stocks mixed as earnings reports roll in

Dengan url

http://sehatgembiralami.blogspot.com/2014/07/stocks-mixed-as-earnings-reports-roll-in.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Stocks mixed as earnings reports roll in

namun jangan lupa untuk meletakkan link

Stocks mixed as earnings reports roll in

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger