The DJIA rose 0.00% The S&P 500 was down 0.20% The Nasdaq Composite added 0.10%
Industrials led the market.
Common Market Overview
Deere, the manufacturing firm, reported better-than-expected fourth quarter earnings. The corporate had a optimistic full yr earnings outlook from enhancements within the agriculture and building sectors. DE rose 9%.
The Fab 5 firms closed within the purple at the moment. Roku beat on earnings and income for fourth quarter, due to elevated demand from the pandemic. Roku was up 3%. IBM is contemplating the sale of IBM Watson, its AI enterprise to focus extra on cloud computing operations. IBM fell greater than 1% at the moment.
Utilized Supplies reported fourth quarter outcomes. The corporate beat on earnings by 9%. The reported an EPS of 1.39, in comparison with estimates of 1.27. Utilized Supplies beat on income by $195 million with a income of $5.16 billion. The corporate had a optimistic outlook as a consequence of a rise on demand for the semiconductor enterprise and silicon use worldwide. AMAT added 5%.