The Joplin Globe, Joplin, MO


July 19, 2012

US stocks creep up; IBM, other tech stocks rise

NEW YORK — Strong earnings from IBM and other technology companies are helping the stock market close higher for the third day straight.

The Dow Jones industrial average rose 35 points to 12,943 on Thursday.

IBM was the Dow’s top stock. The technology giant surged 4 percent after it posted a jump in profits late Wednesday. Big banks and financial firms were mostly lower, following poor earnings from American Express and Morgan Stanley.

The Standard & Poor’s 500 index inched up four points to 1,377. The Nasdaq gained 23 points to 2,966.

The Dow is now up 1.3 percent for the week, the S&P 500 index 1.5 percent.

Rising stocks outpaced falling ones by a small margin on the New York Stock Exchange. Trading volume was higher than average at 3.9 billion.


Text Only

A state lawmaker who is one of two doctors in the Oklahoma Legislature is insisting that unaccompanied immigrant minors being housed at Fort Sill be quarantined. Do you think those kinds of measures should be taken?

A. Yes.
B. No.
     View Results
Twitter Updates
Follow us on twitter
NDN Video
Judge Ponders Overturning Colo. Gay Marriage Ban Airlines Halt Travel to Israel Amid Violence NYPD Chief Calls for 'use of Force' Retraining VA Nominee McDonald Goes Before Congress Bush: Don't Worry, Sugarland Isn't Breaking Up US Official: Most Migrant Children to Be Removed Police Probing Brooklyn Bridge Flag Switch CDC Head Concerned About a Post-antibiotic Era Raw: First Lady Says `Drink Up' More Water Courts Conflicted Over Healthcare Law Holder Urges Bipartisanship on Immigration Raw: Truck, Train Crash Leads to Fireball US Airlines Cancel Israel Flights Obama Signs Workforce Training Law Crash Victims' Remains Reach Ukraine-held City Diplomatic Push Intensifies to End War in Gaza Cat Fans Lap Up Feline Film Festival Michigan Plant's Goal: Flower and Die Veteran Creates Job During High Unemployment