Wednesday, January 19, 2005

 

IBM, ASML, YHOO, MOT, AMD

IBM 5c better, MOT 4c better, AMD -1c, JNPR +1c, RMBUS -2c, YHOO +2c vs exp. In all, better reports than expected but moderate reactions. IBM up less than 1%, e.g.

Earlier in the session SP500 spiked 10+ points to 1195 on low volumes, few futures but rather trading in single names - mostly reporting names.

Claims on Wednesday (=today) due to presidential inauguration day.

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