Diamonds and Dogs
Tech one of the few sectors higher. Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), AMD (AMD) and Intel (INTC) are higher by a percent or more thanks to upgrades. Facebook and the Cyber-security stocks are higher on rumors Facebook wants to acquire a large cyber security company. A good day for tech.
Not a good day to report earnings. Halliburton (HAL) is down 4%, Kimberly Clark (KMB) is down 4%, Lennox (LII) is down 4%, Hasbro (HAS) is down 5% and Phillips (PHG) is down 9% after all five companies reported earnings this morning. Polaris (PII) opened down 3%, but has since rebounded now up 4% after a conference call when management discussed making their suppliers eat the higher costs from tariffs.