sp'60min
Summary
*earnings due.. HPQ.
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Little to add...
In many ways, the market should just close for the remainder of the year.
The NYSE could just add 3% to every stock.. and tell everyone to 'enjoy a long holiday', and 'come back Friday Jan'2nd'. Its just a thought.
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HPQ Q3 earnings... $1.06.. in-line, but revenue was a little lighter than market expected. Outlook is reasonable, and there is little reason why Mr Market won't eventually bid HPQ higher into next year.
Initial stock reaction is -3% or so, but really... earnings were unquestionably fine.
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A daily wrap at 8pm EST.