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.
- Thursday ,13 December GMT 22:53 2018 Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar Properties
- Thursday ,06 December GMT 13:41 2018 Tyre maker Continental opens lab to extract rubber from dandelions
- Friday ,30 November GMT 15:22 2018 Paper industry around famous Chinese lake to be shut down by 2019
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:22 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 14:17 2018 Thursday ,25 October
BP eyes entering several new Rosneft projectsGMT 12:08 2018 Saturday ,20 October
OPEC participants performed Vienna Agreement by 111%GMT 16:14 2018 Saturday ,06 October
Saudi Aramco IPO to go ahead by early 2021GMT 19:01 2018 Thursday ,04 October
LEAD S. Korean firms offer aid for quake-hit Indonesia
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 02:15 2017 Saturday ,16 December
Theresa May to become Britain’s next PM tomorrow
GMT 11:48 2014 Monday ,06 October
German industrial orders hit by geopolitical concerns
GMT 15:49 2017 Wednesday ,06 September
Houthi commander was killed in Saraweh Front
GMT 09:58 2017 Saturday ,14 October
Asterix illustration sells for record 1.4 million euros
GMT 09:18 2015 Friday ,24 July
Korean Air 'nut rage' victim sues in New York court
GMT 04:24 2017 Thursday ,01 June
Abu Dhabi Art announces curators and artists participating in 9th edition
GMT 20:18 2017 Sunday ,19 November
Netanyahu to face new questioning over graft, media reports say
GMT 00:00 2017 Friday ,13 January
Fifth Pakistani social media activist reported missing
GMT 18:57 2017 Saturday ,12 August
Shortlist announced for Midlands Fashion Awards
GMT 03:02 2017 Friday ,10 November
Football: Cahill, injured and 37, still vital for Socceroos
GMT 16:11 2017 Thursday ,23 February
Bahrain Bourse daily trading report
GMT 12:40 2017 Thursday ,23 February
Porto 0-2 Juventus: Italian champions confident 21-year wait for European title can end
GMT 14:04 2017 Thursday ,06 April
Expert: Egypt will achieve economic growth
GMT 13:55 2017 Tuesday ,12 September
Chubb picks Paris as post-Brexit EU headquarters
GMT 21:00 2017 Wednesday ,12 July
Egypt, Lebanon more powerful than any suicide groups
GMT 19:31 2017 Monday ,16 October
Azhar Imam, Mufti to inaugurate international Fatwa
GMT 15:14 2017 Saturday ,25 November
Mohammed bin Rashid, Mohamed bin Zayed and President Macron
GMT 01:34 2017 Friday ,17 November
Banyan Tree Phuket Takes Festive Season
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor