Todays News.. Stocks slip on Merrill report

Merrill Lynch's weak quarterly results dragged on blue-chip stocks Thursday morning, while upbeat earnings from IBM and eBay helped temper losses for the tech sector.
The Dow Jones industrial average (INDU), the broader Standard & Poor's 500 (SPX) index and the Nasdaq composite (COMP) all slipped in the first minutes of trade.
Stocks spiked Wednesday, with the Dow up nearly 250 points, as better-than-expected reports from Intel and JP Morgan Chase reassured investors worried about the quarterly earnings reporting period.
Thursday's batch of results brought less assurance, with Merrill Lynch becoming the latest financial services firm to report weak losses. More news on this site..

source:cnnmoney.com