The markets opened lower as investors mulled over the latest batch of earnings news. The Dow lost 32 points to 12,587 while Nasdaq fell 13 points to 2336.
On the upside
In the broad market, declining issues outpaced advancers by
a margin of nearly 2 to 1 on both the NYSE and Nasdaq.
The Russell 2000 which tracks small cap stocks lost 4 points to 709.