Wednesday, April 23, 2008

Opening Bell: 23.4.08

The stock market is clutching the unchanged mark. The ten sectors are split down he middle, with five in the red and five in the green -- which reflects the indecisiveness of market participants this morning.
The Nasdaq Composite, led by large cap tech, is modestly outperforming as it posts a decent gain. Apple (AAPL 163.34, +3.14) is providing leadership ahead of its earnings report after this session's close. Shares of Broadcom (BRCM 26.06, +2.51) are up roughly 11% after the company's first quarter results exceeded expectations and the firm guided second quarter revenue above the consensus estimate.

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