Tech stocks are leading the charge after a positive reaction to IBM earnings
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| | 1/22/2020 | |
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Dow Up on Big Gains from IBM, Intel | By Karee Venema | | The Dow Jones Industrial Average (DJI) is trading higher today, as traders brush off worries over the coronavirus outbreak, and turn their attention to fourth-quarter earnings season. A positive reaction for big-cap tech name IBM (IBM) is helping boost the Dow, while fellow blue chip Intel (INTC) is hitting new highs ahead of the chipmaker's own turn in the earnings confessional after tomorrow's close. This risk-on trading is being seen in the S&P 500 Index (SPX) and Nasdaq Composite (IXIC), too, which each hit a record intraday high earlier. Continue reading for more on today's market, including:
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