Tuesday, January 27, 2015

Markets tumble on earnings

Dow sank 360, decliners over advancers a mild 2-1 & NAZ dropped 90.  Earnings reports from big name companies are causing the sell-off.  Apple (AAPL) fell 4.38 while Dow stocks Caterpillar (CAT) sank 6.30 & Microsoft (MSFT) lost 4.67.  In addition, the MLP index fell 5 to the 447s & the REIT index, near its record high, was off 1+ to the 365s.  Earnings season started badly & that negative momentum is continuing.  Dow is down more than 500 in Jan & heading south.

Dow Jones Industrials

stock chart

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