AGHA 7.69 No Change ▼ 0.00 (0%)
BECO 5.30 Decreased By ▼ -0.01 (-0.19%)
BML 62.15 Increased By ▲ 0.92 (1.5%)
BOP 36.10 Increased By ▲ 0.10 (0.28%)
CNERGY 11.46 Increased By ▲ 0.21 (1.87%)
CSIL 6.16 Decreased By ▼ -0.01 (-0.16%)
FCCL 56.61 Decreased By ▼ -0.27 (-0.47%)
FFL 16.65 Increased By ▲ 0.14 (0.85%)
FNEL 1.20 No Change ▼ 0.00 (0%)
KEL 7.37 Decreased By ▼ -0.05 (-0.67%)
KOSM 6.10 Increased By ▲ 0.05 (0.83%)
LOTCHEM 27.10 Decreased By ▼ -0.10 (-0.37%)
MLCF 102.17 Decreased By ▼ -0.92 (-0.89%)
NBP 207.45 Decreased By ▼ -0.18 (-0.09%)
NCPL 63.23 Increased By ▲ 1.31 (2.12%)
NPL 72.90 Increased By ▲ 0.72 (1%)
OGDC 317.95 Decreased By ▼ -0.54 (-0.17%)
PACE 10.97 Decreased By ▼ -0.09 (-0.81%)
PAEL 44.49 Increased By ▲ 0.11 (0.25%)
PIBTL 16.84 Decreased By ▼ -0.06 (-0.36%)
PPL 221.01 Decreased By ▼ -1.47 (-0.66%)
PRL 63.74 Decreased By ▼ -0.07 (-0.11%)
PTC 73.50 Increased By ▲ 0.34 (0.46%)
SSGC 27.22 Decreased By ▼ -0.03 (-0.11%)
TBL 9.85 Decreased By ▼ -0.03 (-0.3%)
TELE 8.77 Decreased By ▼ -0.04 (-0.45%)
TPL 20.30 Decreased By ▼ -0.04 (-0.2%)
TPLP 14.85 Decreased By ▼ -0.12 (-0.8%)
TREET 24.04 Decreased By ▼ -0.06 (-0.25%)
TRG 62.37 No Change ▼ 0.00 (0%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Markets

US stocks mixed on earnings reports

NEW YORK : US stocks were a mixed bag as markets opened Wednesday, with investors digesting a series of earnings repo
Published Updated
Save
1 min
Comments
By Imad Uddin
Add BRecorder as a trusted
source on Google
Google Preferred Source

NEW YORK: US stocks were a mixed bag as markets opened Wednesday, with investors digesting a series of earnings reports, including blockbuster results from Apple, which enjoyed its best quarter ever.

The Dow Jones Industrial Average dropped 15.74 points (0.13 percent) to 12,571.68 in the first five minutes of trading.

The broader S&P 500 rose 2.24 points (0.17 percent) to 1,328.97, while the tech-heavy Nasdaq Composite gained 6.65 points (0.17 percent) to stand at 2,833.17.

Apple shares pushed up the Nasdaq, surging 3.9 percent after the tech giant reported late on Tuesday that its second-quarter profit more than doubled to $7.31 billion, thanks to booming sales for iPhones and iPads.

 

Copyright AFP (Agence France-Presse), 2011

 

Comments

Comments are closed for this article.

More Stories

Browse all stories