Stocks are mixed despite declines in the shares of some of the biggest companies in the country following their earnings reports.
With the tech icon's stock languishing near $400, this would be a surefire way to trigger a 50% gain.
Big Blue has an outsized effect on the blue-chip index because of its price. If the stock were simply flat, the DJIA would be up 100 points.
Does this aging technology company have anything to offer to shareholders?
Wall Street can no longer deny deteriorating economic fundamentals and corporate earnings as technical indicators roll over.
US markets are set to rebound at the open, following global markets higher.
But IBM shares fall after hours, after earnings miss estimates. Still, stocks may open higher Friday after a Thursday swoon. The major indexes are off more than 2% since peaking last week.
Once people start wearing Google glasses, there will be zero privacy in public. That may be a creepy prospect, but it would have been useful at the Boston Marathon finish line.
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