IBM propels Dow past 23,000
2017-10-18 09:35:50
Stock futures were sharply higher, thanks in part to IBM's (IBM) jump following its better than expected earnings report. The futures action led to another new all-time high for the averages and propelled the Dow back above 23,000, which it hit for the first time yesterday. Investors will be setting their attention on the Department of Energy inventory report at 10:30 am ET and this afternoon's release of the Fed's Beige Book report. In early trading, the Dow is up 114 points, the Nasdaq is up 8 points and the S&P is up 4 points.