IBM-led Rally Helps Put Stocks In Positive Territory – Acadiana Business Index

U.S. stocks in positive territory with an IBM-led rally in technology offsetting several disappointing economic reports. Ken Meyers has the latest on Wall Street on the Acadiana Business Index.

• Dow Jones Industrial Average rose 34 points to 12,942.

• In corporate news, shares of IBM was the top percentage gainer and point contributor in the Dow Jones Industrial Average. It shares rose 4.2% after reporting strong quarterly growth.

• Yahoo's new CEO Mayer will get paid $100 Million over 5 years.