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SMALL BUSINESS
Nasdaq Composite Lagging Other Major Averages
Briefing.com
posted: 39 DAYS 23 HOURS AGO
[BRIEFING.COM] In mid-afternoon trade, the major averages continue to trade modestly in the red. While the S&P 500 and Dow Jones are near the unchanged levels, the Nasdaq Composite is lower by nearly half a percent. Notably, after the close today, several technology companies are scheduled to report third quarter results, including Google (GOOG 529.24 -6.08), Advanced Micro Devices (AMD 6.10 -0.15), and IBM (IBM 126.81 -1.54).
On the positive side, the energy stocks are putting in solid gains, with that sector up about 1.5%. Some top performers in this industry include Schlumberger (SLB 68.67 +2.63), Baker Hughes (BHI 47.43 +1.22), and Halliburton (29.78 +0.59).