Earnings releases are good
IBM, TD Ameritrade, Abbott Laboratories, Raytheon all reported better than expected earnings and that has helped to push the major indices higher in early trading.
The snapshot currently is showing:
- S&P index +15.7 points or 0.60% at 2648.95
- NASDAQ index of 46.7 points or 0.66% at 7066.54
- Dow industrial average of 255 points or 1.04% at 24658
A look at some individual stocks:
- IBM, up 9.11%
- Comcast, +4.69%
- Papa John's pizza, +3.77% (takeover rumors)
- Square, +3.15%
- Nvidia, +3.3%
- AMD, +2.81%
- micron, +1.86%
- Cisco, +1.45%
- Adobe, +1.28%
- TD Ameritrade, +0.72%
IN the US debt market:
- 2 year, 2.599%, +1.2 basis points
- 5 year 2.601%, +2.3 basis points
- 10 year 2.762%, +2.3 basis points
- 30 year 3.077%, +1.8 basis points
