From news reports-—
“Stocks rose more than 1 percent on Thursday as a stronger-than-expected profit from technology bellwether IBM (NYSE:IBM - News) suggested that the credit crunch is not stifling all business spending.”
Why would IBM profit suggest that?
From news reports-—
“Stocks rose more than 1 percent on Thursday as a stronger-than-expected profit from technology bellwether IBM (NYSE:IBM - News) suggested that the credit crunch is not stifling all business spending.”
Why would IBM profit suggest that?
Well, that didn’t last long, in the red as of right now.