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Blue Chip Bust as Dow Trails S&P Most Since 2009 on Earnings
2015-07-25 19:08:48| Chemicals - Topix.net
From Apple Inc. to International Business Machines Corp. and Microsoft Corp., a parade of blue chips have disappointed investors in the past two weeks: 13 of the 18 Dow Jones Industrial Average components reporting, based on their one-day reaction to earnings. As a result, the advance in the 119-year-old equity gauge since July 8 is less than half that in the Standard & Poor's 500 Index through Thursday's trading, the biggest deficit since the first quarter of 2009.
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