The tech sector bucked the trend ahead of a statement from the Federal Reserve later this week. There were no top-tier corporate results released Monday. The dollar fell against the euro and the British pound, but rose against the Japanese yen. Netflix fell nearly 5% in extended hours after the company reported strong quarterly gains in sales and profits, but offered a conservative outlook for the current quarter.
Tuesday, April 26, 2011
Upside seen limited
The tech sector bucked the trend ahead of a statement from the Federal Reserve later this week. There were no top-tier corporate results released Monday. The dollar fell against the euro and the British pound, but rose against the Japanese yen. Netflix fell nearly 5% in extended hours after the company reported strong quarterly gains in sales and profits, but offered a conservative outlook for the current quarter.
