2011/1/19

Afternoon: the general decline in financial sector

U.S. stocks ended mixed Tuesday afternoon, the general decline in financial stocks. Banking giant Citigroup's disappointing earnings, Apple CEO Steve Jobs worried about the health of the market.

At 12:28 on Jan. 18 EST, the Dow Jones industrial average rose 59.94 points to 11,847.32 points, or 0.51%; the Nasdaq composite index rose 0.71 points to 2,756.01 points, or 0.03%; the S & P 500 Index fell 0.23 points to 1,293.01 points, down 0.02%.

Among the Dow 30 stocks, 13 stocks rose. As of Friday, the Dow has closed higher for 7 weeks and closed at a new high since mid-2008. Dow component Boeing (BA) rose 3.4% after the company announced another postponement of the first new Boeing 787 delivery.

Among S & P 500 index, natural resources and industrial sector performance excellence, the worst financial sector.

Apple (AAPL) fell 3.6%, due to sickness of the company CEO Steve Jobs may have aroused concern in the market. Apple will report earnings after the bell on Tuesday. IBM (IBM) will report earnings after the bell on Tuesday.