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Stocks, Earnings Both Mixed
By Kevin Spak
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Posted Apr 23, 09 8:42 AM CDT
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(Newser)
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Stocks barely budged at the open, after a good quarter from Apple and a lousy one from UPS. The Dow fluctuated between gains and losses, and was recently down 13 points. The S&P and Nasdaq were similarly flat. Apple rose 3% after beating expectations with a 15% earnings jump. Radio Shack and JetBlue also posted nice numbers. But other reports were less rosy: Dow component UPS saw its net income fall 56%.