US STOCKS-Wall Street lower after weak results from IBM, United Tech

martes 21 de julio de 2015 11:38 GYT
 

* IBM down after revenue falls for 13th straight quarter

* United Technologies cuts full-year profit outlook

* Lexmark touches 18-month low after announcing job cuts

* Apple, Microsoft, Yahoo to report results after market

* Indexes down: Dow 1.11 pct, S&P 0.41 pct, Nasdaq 0.37 pct (Adds details, changes comment, updates prices)

By Tanya Agrawal

July 21 (Reuters) - Wall Street was lower in late morning trading on Tuesday as weak revenue at IBM and United Technologies weighed on the Dow and the S&P 500 and investors awaited results from tech giants including Apple and Microsoft.

IBM's shares fell as much as 5.5 percent to $163.69, a day after the company's revenue fell for the 13th consecutive quarter.

United Technologies fell as much as 7.9 percent to $101.78 and was the biggest loser on the Dow, after the company cut its full-year profit outlook.   Continuación...