Here is the 14:30 Briefing.com input for today.
<<14:30 ET Dow +51.81, Nasdaq -1.01, S&P +4.66
[BRIEFING.COM] The Dow and S&P remain higher, but the Nasdaq has fallen back into the red on account of weakness in Technology (-0.1%). The semiconductor industry continues to exert considerable pressure. A catalyst for the decline is equipment maker Kulicke & Soffa (KLIC 9.35 -1.93), which today, in a semi industry trends call, said that "everyone is pulling back a little bit," noting that the industry is adding capacity - but not as fast as it did last year. That stock is plunging, and it's sparked selling in related stocks. Apple (AAPL 65.11 -1.12) is another sore spot, and it's taking hardware lower. Bear Stearns cut its estimates and price target on the stock, citing expectations of a slower transition to Intel-based Macs. The firm did, however, maintain its Outperform rating on AAPL. ..NYSE Adv/Dec 2239/998. ..NASDAQ Adv/Dec 1578/1396.>> |
