CLOSING BELL

Dow 10154.43  +56.53, Nasdaq 2198.23  +19.18,S&P 1071.25  +6.37 

Stocks closed higher today, but off their day highs.

Better than expected earnings report helped stocks again.  Halliburton (HAL) 29.17 +1.66, +6.03% helped in the early going when they reported better than expected earnings.  This helped push energy stocks higher today.

On the negative side the National Homebuilders Association Index that came in at 14, below economist estimates of a 16 reading. This caused concerns about any possible housing recovery.  Home building stocks traded lower on the news.

After the market closed IBM (IBM) 125.61 -4.22, -3.30% aft hrs, reported earnings of $2.61 beating estimates by +$0.03 on revenues of $23.7 billion.

 

Texas Instruments (TXN) 23.99 -1.56, -3.15% aft hrs, reported earnings of $0.62 matching estimates on revenue of $3.5 billion.