The market fell slightly after Japan was hit with another major earthquake and the price of oil rose above $110 a barrel. Meanwhile, major retailers reported better-than-expected sales at stores open at least a year, and claims for jobless benefits fell by 10,000 last week. Tech bellwethers, including IBM, Apple and Adobe, managed to record small gains. Seagate jumped 7.2% in after-hours trading after encouraging Q3 earnings forecast.
Friday, April 8, 2011
Another flat finish
The market fell slightly after Japan was hit with another major earthquake and the price of oil rose above $110 a barrel. Meanwhile, major retailers reported better-than-expected sales at stores open at least a year, and claims for jobless benefits fell by 10,000 last week. Tech bellwethers, including IBM, Apple and Adobe, managed to record small gains. Seagate jumped 7.2% in after-hours trading after encouraging Q3 earnings forecast.
