(Reuters) - NEW YORK, July 19 - U.S. stocks rose on
Thursday, driving the Dow to its first close over the 14,000
mark, after forecast-topping results from the technology and
industrial sectors shifted the market's focus back to earnings
optimism, even as Fed Chief Ben Bernanke fanned concerns about
the subprime market.
Shares of International Business Machines Corp. ,
the world's largest technology services company, pushed the
Dow industrials into record territory. IBM, also known as Big
Blue, rose 4.3 percent after the company posted a jump in
quarterly profit and raised its 2007 earnings forecast. For
details, see [ID:nN18415715].
Read more at Reuters.com Bonds News
Thursday, driving the Dow to its first close over the 14,000
mark, after forecast-topping results from the technology and
industrial sectors shifted the market's focus back to earnings
optimism, even as Fed Chief Ben Bernanke fanned concerns about
the subprime market.
Shares of International Business Machines Corp. ,
the world's largest technology services company, pushed the
Dow industrials into record territory. IBM, also known as Big
Blue, rose 4.3 percent after the company posted a jump in
quarterly profit and raised its 2007 earnings forecast. For
details, see [ID:nN18415715].
Read more at Reuters.com Bonds News
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