US stock indices are trading in the red zone after several American companies published their quarterly income reports, which turned to be weaker than expected. The Bank of America Corp. (BofA) and Yahoo! Inc. were the biggest disappointers.
The current state of affairs looks as follows:
· Dow Jones Industrial Average: -0,69% down to 14655,76.
· Standard & Poor's 500: -0,87% down to 1560,83.
· Nasdaq Composite: -1,02% down to 3231,38.
At the same time, the Bank of New York Mellon Corp. reported about losses in Q1 2013. The BofA’s stock is down by 3.9% as the bank’s report turned out to be negative as well.
The chart below, courtesy of , reflects the current state of affairs in the market of IMANX:
