Network News

X My Profile
View More Activity
2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Stocks open mixed following strong earnings

Wall Street opened mixed this morning, following yesterday's blowout Amazon earnings and this morning's solid Microsoft earnings.

In the first 15 minutes of trading, the Dow and the broader S&P 500 are both just underwater while the tech-heavy Nasdaq is up nearly nine-tenths of 1 percent, pushed higher by Microsoft and Amazon.

Amazon blew away expectations with strong sales across the quarter in earnings released after the bell yesterday. This morning, Microsoft beat expectations with its third-quarter earnings. I'll dive into those later today when updating our Third-Quarter Earnings Scorecard.

-- Frank Ahrens
Sign up to get The Ticker on Twitter

By Frank Ahrens  |  October 23, 2009; 9:50 AM ET
Categories:  The Ticker  | Tags: Amazon, Dow Jones, Microsoft, nasdaq, s&p 500  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati   Google Buzz   Previous: Stocks off after mixed jobs, earnings news
Next: Sept. existing home sales jump 9.4%

No comments have been posted to this entry.

The comments to this entry are closed.

RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company