Stock:
Symbol Lookup
Register | Login
...
History
...
...

Pre Market | Dow Jones | Gold | Newsletters | Learn


Dow Jones Advances Led By IBM, S&P 500 Fluctuates Between Gains and Losses

Wednesday, January 23, 2013 1:15 PM
U.S. stocks traded mixed by midday trade on Wednesday as investors weighed avalanche of reasonable fiscal fourth-quarter earnings reports  from most of the Wall Street heavy weights  with  spotlight remaining on Apple Inc.’s (NASDAQ: AAPL) results, scheduled to be released after the closing bell. At last check, the Dow Jones Industrial Average Index gained 0.42%; the Nasdaq Composite Index added 0.29% while the S&P 500 Index inched down 0.01%. While S&P 500 Index continued to sway between green and red territory, the Dow Jones continued its rally on Wednesday, led by International Business Machines Corp. (NYSE: IBM) and Microsoft Corp. (NASDAQ: MSFT). A data provided by Thomson Reuters shows that DJIA has gained more than 5 percent in first three weeks of 2013-- very close to its best January performance in 1997 when the index settled 5.7% higher. Google Inc. (NASDAQ: GOOG) shares continued to advance after the tech giant, late on Tuesday, reported better than expected revenue growth in its ‘core’ internet business. Ad- rates on mobile computing also showed marked improvement. At least 12 brokerage firms have boosted their price target on the stock, according to Thomson Reuters. Shares of IBM gained on Wednesday after the company’s fiscal fourth results, announced late on Tuesday, edged past Street’s estimates. Apple is slated to report quarterly results after the closing bell. Advanced Micro Devices (NYSE: AMD) shares rallied on Wednesday after the chip maker and microprocessor manufacturer reported narrower than expected losses in the fiscal fourth-quarter thanks to  restructuring measures that have been undertaken. Texas Instruments Inc. (NASDAQ: TXN) shares edged lower on Wednesday. Although the company late on Tuesday reported better-than-expected fiscal fourth quarter results, it provided a very gloomy outlook on revenue for the fiscal first quarter of 2013. Elsewhere in Europe, equities ended mixed with France’s CAC and Spain’s Ibex 35 ending lower. The Stoxx 600 Index gained 0.19%, FTSE 100 edged up 0.30% while Germany’s DAX added 0.15% for the day.    
PRINT

FREE Options Trading Lessons
I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2015 the year you get RICH!

Latest Headlines

U.S. regulators say 2.1 million vehicles recalled over air bag faultU.S. regulators say 2.1 million vehicles recalled over air bag fault
(Reuters) - Some 2.1 million vehicles produced by Toyota Motor Corp, Fiat Chrysler Automobiles NV and Honda Motor Co are being recalled to fix a potentially defective chip that could cause air bags ...
BMW, Bosch join Deutsche Bahn in airline cartel damages claimBMW, Bosch join Deutsche Bahn in airline cartel damages claim
FRANKFURT (Reuters) - German carmaker BMW and car supplier Bosch [ROBG.UL] said on Saturday they would join Deutsche Bahn [DBN.UL] in two claims for about 2.1 billion euros ($2.4 billion) in damages f...
Exclusive: GM and China’s SAIC to push into Indonesia with no-frills vansExclusive: GM and China’s SAIC to push into Indonesia with no-frills vans
BEIJING (Reuters) - General Motors <GM.N> and Chinese partner SAIC Motor Corp <600104.SS> will soon announce a joint push into Indonesia, using their no-frills Wuling brand to establish ...
Germany, ECB play hard ball with GreeceGermany, ECB play hard ball with Greece
BERLIN/HELSINKI (Reuters) - German Chancellor Angela Merkel ruled out a debt writedown for Greece on Saturday, and a European Central Bank policymaker threatened to cut off funding to Greek banks if...
Lavish freebies from Saudi king to buoy economy, marketsLavish freebies from Saudi king to buoy economy, markets
DUBAI (Reuters) - A lavish payout to public employees ordered by Saudi Arabia`s new King Salman will help to sustain the kingdom`s consumer boom and reassure financial markets that the government is...

Loading Headlines...
 

Stock Market

Track the stock market today with the latest news and information on all things investing! Watch your stocks perform throughout the day and watch the breaking stock market news.

Feedback | disclaimer | privacy policy

Stock Market News

The Stock Market is ever changing. Keep up on your stock market news.

Stock Market Newsletters

Read up on your favorite stock market newsletters.


Learn the Stock Market

Sharper your stock trading skills with our stock market education section.

Algorithm Based
Trade Signals
arrow
small cap swing trades SmallCaps stocks under $10
Index Signals Index Signals SPY, QQQ, DIA, IWM
options trading Mega Stocks options + stock trade signals
AppleStock FREE AAPL Signals realtime daytrade signals