TELETRADER News
1/22, 10:02 PM
(Source: TeleTrader)
US markets close lower amid earnings
Stock markets on Wall Street closed lower on Friday as investors digested worse-than-expected results from tech companies.
The Dow Jones Industrial Average index lost 0.57% closing at the lowest point this week. The Nasdaq 100 declined by 0.29% having Intel as the worst performer with a 9.29% drop after a reported software hack forced the company to publish its earnings early. S&P 500 decreased by 0.30% at the close, while IBM was pulling the index down with a 9.95% fall.
The euro was flat compared to the dollar, changing hands for 1.21682 at 3:59 pm ET.