While you were sleeping: IBM disappoints

Wed, 19 Apr 2017

By Margreet Dietz April 20 (BusinessDesk) - Wall Street was mixed, reflecting better-than-expected corporate earnings including from Morgan Stanley as well as disappointing results from IBM. In 1.53pm trading in New York, the Dow Jones Industrial Average fell 0.3 percent. The Nasdaq Composite Index, however, rose 0.5 percent. In 1.38pm trading, the Standard & Poor’s 500 Index added 0.1 percent. "It's really a battle between geopolitical headlines and earnings right now, and for the most part earnings seem to be winning in the short ter...

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