Stocks closed little changed after a downgrade of Greece's credit rating tempered earlier investor enthusiasm for a series of corporate deals. Tech stocks posted mixed gains while Oracle rose 1.5%, as analysts predicted strong quarterly results. Other tech gainers included Dell, IBM, Amazon, Microsoft and Cisco. Implied volatility inched higher.
Tuesday, June 14, 2011
Little changed
Stocks closed little changed after a downgrade of Greece's credit rating tempered earlier investor enthusiasm for a series of corporate deals. Tech stocks posted mixed gains while Oracle rose 1.5%, as analysts predicted strong quarterly results. Other tech gainers included Dell, IBM, Amazon, Microsoft and Cisco. Implied volatility inched higher.
