Friday, January 18, 2013 9:44 am
Mixed open on Wall Street; GE, Morgan Stanley up
The Associated Press
General Electric and Morgan Stanley rose after turning in better earnings report cards. Credit card issuer Capital One Financial fell after its results missed analysts' estimates.
The Dow Jones industrial average edged up four points to 13,600 shortly after the opening bell Friday.
The S&P 500 fell two points to 1,478 and the Nasdaq composite fell nine to 3,126.
Intel dropped 7 percent after reporting that its sales are shrinking as customers shift away from PCs to smartphones and tablet computers. Intel is trying to make chips for more hand-held devices.