Wednesdays early afternoon trade: Dow dips on report of IBMs bid

Posted by 7Star Thursday, March 19, 2009

The Dow industrials slipped and the S&P 500 was up slightly on Wednesday as news that International Business Machines Corp was in talks to buy Sun Microsystems pulled IBMs stock lower, more than offsetting a rise in financials. But the Nasdaq rose as investors snapped up shares of technology bellwethers, including Apple, which rose above $100 for the first time since early February.

0 comments

Post a Comment

Labels

Followers

Archive

BlogCatalog