While you were sleeping: IBM shares sink

Mon, 20 Oct 2014

By Margreet Dietz Oct. 21 (BusinessDesk) - Wall Street rose amid solid corporate earnings, even as IBM proved the exception. In afternoon trading in New York, the Standard & Poor’s 500 Index rose 0.51 percent, while the Nasdaq Composite Index added 0.87 percent. Shares of Apple gained, last up 1.7 percent, before the company is scheduled to report its latest earnings after the market close on Monday. According to Thomson Reuters data through Monday morning, of 87 companies in the S&P 500 that have reported quarterly earnings, 63.2...

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