Markets were lower close to midday as the tech sell-off continued and home builder sentiment came in lower than expected for April. In China, first quarter GDP is forecast to have risen only 1.5% while unrest continues in the Ukraine amid military action. The Nasdaq was shedding more than 1% while the Dow and S&P were also lower. In earnings, bluechips Johnson & Johnson and Coca-Cola both beat earnings expectations and saw their stock prices jump while Best Buy lagged. Jane Searle reports.
Stock quotes in this video:
JNJ, KO, DJI