• Dow -25.51 at 11473.74, Nasdaq +7.60 at 2644.91, S&P -0.54 at 1242.33

Market news

17 December 2010

Dow -25.51 at 11473.74, Nasdaq +7.60 at 2644.91, S&P -0.54 at 1242.33

The Nasdaq (+0.3%) and S&P 500 (unch) trade just off their best levels of the session while the Dow (-0.2%) lags.
Research in Motion (RIMM 60.94, +1.70) shares are trading off their best levels of the session, but are still up approximately 3% after the company released better-than-expected earnings following yesterday's closing bell. The company announced earnings per share of $1.74 per share versus the Thomson Reuters consensus of $1.65 per share. Revenues beat slightly, coming in at $5.5 billion while analysts were expecting $5.4 billion. The company also issued upside guidance for its fourth quarter. Handset maker Nokia (NOK 9.84, -0.07) has seen little response to the earnings.

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