Arab Today, arab today dow driven lower by ibm united technologies
Last Updated : GMT 02:18:28
Arab Today, arab today
Arab Today, arab today

Dow driven lower by IBM, United Technologies

Arab Today, arab today

Arab Today, arab today Dow driven lower by IBM, United Technologies

The Dow Jones Industrial Average
New York - AFP

US stocks fell in opening trade Tuesday following disappointing earnings from IBM and United Technologies as the market looked ahead to results from Apple later in the day.

Five minutes into trade, the Dow Jones Industrial Average stood at 17,987.87, down 112.54 points (0.62 percent).

The broad-based S&P 500 shed 2.12 (0.10 percent) at 2,126.16, while the tech-rich Nasdaq Composite Index slipped 2.70 (0.05 percent) to 5,216.16.

IBM slumped 5.3 percent as it reported lower revenues for the 13th straight quarter, with second-quarter sales dropping this time by more than 13 percent to $20.81 billion.

United Technologies dropped 6.1 percent as it slashed its profit forecast due to economic weakness in China and the drag of the strong dollar, and said second-quarter earnings fell 8.2 percent.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dow driven lower by ibm united technologies Arab Today, arab today dow driven lower by ibm united technologies

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dow driven lower by ibm united technologies Arab Today, arab today dow driven lower by ibm united technologies

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday