Wednesday's early afternoon trade: S&P, Nasdaq up; Dow tumbles

Posted by 7Star Thursday, April 23, 2009

The S&P 500 and the Nasdaq rose on Wednesday as several corporate executives gave positive outlooks that eased concerns about the global recession, while a better-than-expected profit from AT&T lifted technology shares. But falling oil prices pressured shares of big energy companies, pushing the Dow industrials lower.

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