Dell was rewarded by investors Friday for yet another strong quarter, but the rest of the market fell on a weaker than expected consumer confidence reading.
Dell rose 3% on the company’s best quarter ever, including gains in key areas.
Dell’s results also boosted HP , which reports earnings next Thursday.
The Nasdaq fell 20 to 2053, the S&P 500 lost 6 to 1145, and the Dow fell 66 to 10,627. Volume declined to 1.31 billion shares on the NYSE, and 1.81 billion on the Nasdaq. Decliners led 21-12 on the NYSE, and 20-10 on the Nasdaq. Downside volume was 67% on the NYSE, and 73% on the Nasdaq. New highs-new lows were 245-4 on the NYSE, and 156-4 on the Nasdaq.
Analog Devices gained on its results, but Corvis
and NVIDIA
declined on their reports.
ADIC plunged 23% after missing estimates.
Microsoft slipped 1% on a Windows source code leak.
Rambus rebounded 5% a day after plunging on patent troubles.
Cisco and IBM
edged higher on a security pact.
AT&T Wireless edged higher as the deadline for takeover bids nears.
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