Wednesday, May 18, 2011
NEW YORK (AP) — Stocks are opening mixed after three straight days of losses.
A strong earnings report by Dell is pushing technology stocks up, but traders remain concerned that the U.S. economic recovery is slowing. Dell Inc. rose 6 percent after its income nearly tripled.
Target Corp. reported earnings that beat expectations, but its stock was flat.
In the opening minutes of trading today the Dow Jones industrial average is down 5 points, or less than 0.1 percent, at 12,474.
The Standard & Poor’s 500 index is up less than a point at 1,329. The Nasdaq composite is up 6 at 2,789.