Stock Market Update

[BRIEFING.COM] The Dow Jones Industrial Average (+0.15%) is higher on Friday afternoon, having moved mostly sideways over the prior half hour.

A look inside the DJIA shows that Nike (NKE 86.03, +5.05, +6.24%), Cisco (CSCO 52.16, +0.72, +1.40%), and IBM (IBM 216.56, +2.67, +1.25%) are poised to end the week on a high note.

Meanwhile, Intel (INTC 20.53, -0.61, -2.89%) is underperforming.

The DJIA is poised to end the week +1.68% higher.

Elsewhere, at the top of the hour, Baker Hughes (BKR 36.14, -0.22, -0.61%) announced a weekly U.S. rotary rig count of 588, -2 w/w and -42 yr/yr.