26-01-2017 19:12 via rocketnews.com

Dow holds above 20,000; Qualcomm weighs on S&P, Nasdaq

By Tanya Agrawal
(Reuters) – The Dow Jones Industrial Average stayed firmly above 20,000 on Thursday, after breaching the milestone a day earlier, but losses in Qualcomm’s shares weighed on the S&P 500 and the Nasdaq Composite indexes.
Qualcomm <QCOM.O> fell 5.4 percent to $53.82 after the chipmaker reported a lower-than-expected rise in quarterly revenue.
The post-election rally roared back to life this week following solid earnings and optimism over U.S. President Donald
Read more »