Chip stocks rally leads Nasdaq higher while banks offset IBM pressure on Dow Jones
For the Dow Jones, there was a tug of war between its large banking constituents, most of which ended higher after reporting record trading revenue and profits for the second quarter, and IBM, which plunged 25% to mark its biggest single-day fall in nearly six decades!
For the Dow Jones, there was a tug of war between its large banking constituents, most of which ended higher after reporting record trading revenue and profits for the second quarter, and IBM, which plunged 25% to mark its biggest single-day fall in nearly six decades!
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