U.S. Stocks Rise as GE Earnings Outweigh Technology Slump

Bloomberg, (20/7) -- U.S. stocks rose, giving the Standard & Poor’s 500 Index a fourth straight week of gains, as better-than-forecast results from General Electric Co. offset disappointing earnings from Google Inc. and Microsoft Corp. The S&P 500 rose 0.2 percent to a record 1,692.09 at 4 p.m. in New York, erasing an earlier decline of as much as 0.3 percent. The Dow Jones Industrial Average lost 4.8 points, or less than 0.1 percent, to 15,543.74. The Nasdaq 100 Index slid 1.1 percent to 3,044.93, the biggest drop in a month. About 5.9 billion shares traded hands on U.S. exchanges today, or 7.3 percent below the three-month average. http://www.bloomberg.com/news/2013-07-19/u-s-index-futures-drop-as-google-microsoft-disappoint.html