Posted: Jan 18, 2013 6:40 AM by Associated Press
NEW YORK (AP) - Stocks indexes are little changed in early trading on Wall Street as the market closes out a strong week in which the Standard & Poor's 500 index hit five-year highs.
General Electric and Morgan Stanley rose after turning in better earnings report cards. Credit card issuer Capital One Financial fell after its results missed analysts' estimates.
The Dow Jones industrial average edged up four points to 13,600 shortly after the opening bell Friday.
The S&P 500 fell two points to 1,478 and the Nasdaq composite fell nine to 3,126.
Intel dropped 7 percent after reporting that its sales are shrinking as customers shift away from PCs to smartphones and tablet computers. Intel is trying to make chips for more hand-held devices.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
PLEASE HELP US MODERATE COMMENTS
Offensive or inappropriate comments are subject to removal. To report a comment, please e-mail us at email@example.com, and include the name of the story and information on the comment.
Thank you! KSBY.com
Get deals up to 80% off here!
Find the lowest gas prices in your area
Submit your photos to KSBY
Check out our calendar of events
Watch Daybreak Web Videos in full
Save with Hot Deals across our counties!
Events across the Central Coast
Follow The CW5 on Facebook.
The KSBY online public file.
What do you think? Leave us your feedback.
KSBY is your official CA Lottery station for San Luis Obispo and Santa Barbara Counties