Disappointing earnings from technology leaders are responsible for more than half of the DJIA Dow Jones Industrial Average,
decreases on Friday. IBM International Business Machines Corp.,
the stock fell $ 13.65, or 10.4%, in morning trading, after IBM reported on Thursday in late Thursday the results of the fourth quarter, in which adjusted profit exceeded expectations but lost revenue as prices fell was shaved by about 90 points from the Dow price. Intel Corp. INTC,
shares fell $ 3.52, or 5.6%, to fall about 23 points from the Dow price, following fourth-quarter chip maker’s results, which were unexpectedly released before the closing bell on Thursday. The combined negative effect on the fall in the price of Dow IBM and Intel shares was 113 points, while Dow fell by 207 points, or 0.7%.