The Dow and S&P 500 closed near their highs of the day, shrugging off an unexpected drop in consumer confidence and pre FOMC nerves, with gains in component stocks Merck ( MRK ), Microsoft ( MSFT ) and IBM
Three big tech names posted earnings last week with one report coming in below expectations. However, a common thread ran through all three results. The cloud services business has grabbed the spotlight in the tech arena and will emerge
In early trading on Tuesday, shares of Merck & Co. ( MRK ) topped the list of the day’s best performing Dow Jones Industrial Average components, trading up 5.4%. Year to date, Merck & Co. registers a 6.0% gain.