Friday, January 28, 2011

Dow Jones Daily: Tug a War, 28-01-2011

On Wall Street, Dow up 3.4 points at 11989 on weak economic and earnings reports. The Dow failed to close at 12k psychological barrier for a 2nd day amid weak economic data (rising weekly jobless claims and poor December durable goods orders) and mixed corporate results.

Caterpillar reported bottom line that beat estimates but P&G, AT&T and Nokia reported below par corporate earnings.

After the bell, Microsoft earnings topped estimates but Amazon profits fell sharply lower that consensus.

Dow Jones Daily: Tug a War.

Source: StockCharts

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