Session Ends In the Green

Indices closed in the green zone on Wednesday. Microsoft and Walt Disney led the way up on the Dow. Brands climbed in the wake of quarterly earnings from technology titans IBM and Google, both of which posted data after the closing bell on Tuesday. Meanwhile, crude oil futures fell $1.04 to settle at $95.64 a barrel. Apple reported earnings after the end of today’s session. The iPhone innovator said its fiscal first quarter revenue hit $54.5 billion, which was slightly shy of estimates of $54.73 billion. Profit was $13.81 a share, which exceeded expectations of $13.53 a share. Looking ahead, Starbucks is set to issue earnings details tomorrow.

 

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