MARKET PULSE-IBM, GE, Interpublic, Manpowergroup, Clayton Williams
April 19 (Reuters) - Some U.S. stocks on the move on Friday:
DOW OPENS LOWER AFTER WEAK RESULTS FROM GE, IBM
The Dow opened lower following disappointing results from GE, McDonald's and IBM, while other indexes were little changed at the start. The Dow Jones industrial average was down 58.17 points, or 0.40 percent, at 14,478.97. The Standard & Poor's 500 Index was up 2.26 points, or 0.15 percent, at 1,543.87. The Nasdaq Composite Index was up 4.35 points, or 0.14 percent, at 3,170.71.
** BOEING CO, $88.01, up 2.2 pct (0945 ET)
The company said it would cut the production rate for the latest version of its Boeing 747 jumbo jets from 2 aircraft per month to 1.75 aircraft due to lower demand for large passenger and cargo planes. The first delivery of 747-8 aircraft at the new production rate is expected in early 2014, the company said, adding that the change was not expected to have a significant financial impact.