Microsoft's Earnings Are Already Moving the Market

Microsoft's Earnings Are Already Moving the Market

The stock market had another tough day on Tuesday. Despite the huge reversal that led to positive closes on Monday for the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC), downward pressure once again asserted itself at the open on Tuesday morning. Despite a similar bounce that sent the Dow briefly into positive territory in the mid-afternoon, Wall Street wasn't able to pull a rabbit out of its hat for a second straight day.