Nasdaq Down Over 100 Points; Corning Posts Upbeat Earnings
1. Corning Inc (GLW) reported better-than-expected fourth-quarter results. 2. Core sales rose 18% year-on-year to $3.87 billion. 3. GLW's core EPS of 57 cents exceeded the consensus estimate. 4. Utilities sector rose, while information technology shares fell. 5. Overall U.S. stocks traded lower with significant market fluctuations.