Bloomberg Media The NASDAQ in Times Square.
Here's a live look from the floor of the Stock
Exchange.
We do see a mixed market.
So the Dow holding up as small caps underperform,
same as the case with the NASDAQ.
Similar story here, concerns about higher rates for longer persistent
inflation,
but the Dow up 6/10 of a percent largely driven
by gains in United Health,
which we'll talk about in a moment.
The S&P higher just fractionally and the NASDAQ is down
about 110th of a percent.
So let's take a look at some of those stocks
that are moving and impacting the indexes today.
Starting with United Health and Keen Dow component exceeding expectations.
Seen a nice pop today?
That's a 24 hour chart,
up 7 percent, $99.8 billion in sales.
Six point, excuse me, $6.91 earnings per share,
but sales up 9% from a year ago and didn't
say that.
It expects the impact of the cyber attack to be
between about 1.2 to $1.4 billion over the full year.
That had been weighing on shares,
but this is a positive reaction today.
Johnson and Johnson also on the move at seating expectations
in line with estimates on revenue.
Stock down in reaction to this booking $21.4 billion in
sales,
$2.71 in earnings per share and medical device sales coming
in at $7.8 billion of 4%
from a year ago. This company is still liable for
those health lawsuits,
with several set to go to trial this year.
Our Bank of America kind of winding down to some
extent these bank earnings at least on the tail end
exceeding expectations.
But in the past 24 hours that stopped down as
well.
Got $26 billion in revenue booked $0.83 in earnings per
share and overall sales did drop 1.6%
year on year due to a decline in net interest
income.
That's the money that these banks make off of loans.
Profit was down 18% but investment banking income did jump.
35%, so we've started to see some deal activity and
that has impacted.
Some of those numbers.