The nasdaq has actually been leading today. That is a bit of a switch. Technology has been going in the same direction as other averages but an exaggerated move. A different scenario memo we have seen recently. The s p and dow remain lower and they remain lower than oil prices peered yesterday, we saw stocks drifting lower even as oil held up well. A different story today. If you look at oil, were seeing it down 4 . It bounced off the bottom, but still below 30 a barrel. Oil stocks are weighing on the major averages. We are seeing a lot of big percentage declines among the energy producers. Southwestern Energy Company particular, down 14 . Murphy oil, devon energy, a lot of these Energy Companies have come out in the past week or past couple of weeks talking about various ways to raise cash, whether it is sharing selling shares, cutting dividends. That has been weighing on them, also. Alix a lot of these guys reporting earnings next week like southwestern energy. Aside from oil, we had
After the bell as originally expected. Andrew has more on that. Okay. Thank you, becky. Ibm sending out an advisory that plans to release the results of their Third Quarter at 7 00 a. M. Eastern time. Well have details on what the announcement could be because the wall street journal says they will play global foundings to take its money losing chip business off of its hands. So the deal of sorts where nobody is buying something from them but they are paying to get rid of it. Ibm is talking to potential buyers, but buyers is the wrong term. Neither company is reporting on this, but well hear more about that in just an hour. No one is going to pay them for it . Exactly. That is not a good way to get rid of assets, right . Usually you want them to buy it from you. But this one is pretty interesting. And mark andreesse in is stepping down from ebays board of directors. He was central to the battle with karl ikan. He says its the right time. He said andreessen made a lot of money he made a