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Mixed Day for Markets

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  • Description

    FBN's Nicole Petallides on stocks impacting the afternoon markets.

  • Duration 1:11
  • Date

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From congress and it is the top of the hour Jeff right now we have stuck -- fifteen minutes the cold I believe that the New York Stock Exchange Nicole.

Dennis Gerald taking all -- market here -- looking pretty good the Dow Jones industrials about 400 points away from the all time highs.

The Dow and the S&P both.

Hitting five year highs today in tech heavy NASDAQ up one quarter of 1% and since we have seen the S&P dipping into negative territory down.

I just fractionally at amendment at 149.

Is stronger in oil and gold are pulling back I would take a look -- -- Dow component IBM.

IBM is the best performer on the Dow came out with their quarterly report.

It's tacking on more than seventy positive Dow points which basically if you were to take IBM as the Dow the Dow would actually be negative right now.

They didn't do well on their quarterly numbers profit was higher -- doing well with cloud computing.

I'm business analytic software helped their numbers and revenue was software revenue actually climbed three and a half percent of good news.

For IBM actually means good news for the Dallas.

Yes Atlantic technology it's coming out this week Nicole thank you very much.

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