MARKET UPDATE

[BRIEFING.COM] The major averages slumped out of the gate, but were quick to claw their way back to unchanged. The Dow (-0.2%) trails other key indices as IBM (IBM 189.22, -7.18) weighs after reporting in-line earnings on below-consensus revenue.

With IBM on the defensive, the technology sector (-0.8%) is the weakest performer in the early going. Google (GOOG 544.30, -12.24) has also been an early drag on the sector following its below-consensus results. Chipmakers, ... More

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