Dow edges up as Lilly, Super Micro earnings cushion software jitters
[NEW YORK] The S&P 500 opened largely flat and the Dow marginally higher on Wednesday (Feb 4), following upbeat results from Eli Lilly and Super Micro Computer, while investors avoided big bets on software and cloud stocks after a bruising sell-off in the previous session.
At 09:30 am ET, the Dow Jones Industrial Average rose 175.92 points, or 0.40 per cent, to 49,439.32, the S&P 500 gained 2.91 points, or 0.04 per cent, to 6,920.72 and the Nasdaq Composite lost 63.55 points, or 0.27 per cent, to 23,191.63. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Not retirement, but a rewiring and fresh perspectives post-DBS, says Piyush Gupta
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Should developers build more one-bedroom condo units?