Market news
27.07.2011, 14:34

Dow -84.73 at 12416.57, Nasdaq -34.37 at 2805.59, S&P -12.22 at 1319.72

The blue chips remain under pressure with the Nasdaq paces today's decline with a loss of 1.2%. The S&P and Dow are faring a little better, posting respective declines of 0.9% and 0.7%.
Shares of Amazon (AMZN 226.30, +12.12) are higher by 6.0% to trade at an all-time high after reporting better than expected earnings. The company announced earnings per share of $0.41 versus the median estimate of $0.34 and saw revenues rise 50.8% YoY to $9.91 billion (median $9.37 billion).

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