US stocks open mixed as earnings pick up

Written By Unknown on Senin, 22 Juli 2013 | 21.29

US stocks have opened mixed after an uneven batch of earnings reports painted a so-so picture of economic activity.

Five minutes into trade on Monday, the Dow Jones Industrial Average dropped 14.79 (0.10 per cent) to 15,528.95.

The broad-based S&P 500 added 0.57 (0.03 per cent) at 1,692.66, while the tech-rich Nasdaq Composite Index rose 8.19 (0.23 per cent) to 3,595.80.

The results came as Dow member McDonald's released disappointing earnings and a mediocre outlook, while oil services giant Halliburton narrowly topped expectations.


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