Mixed earnings news weighed down the markets during the midday with the Dow dropping 29 points to 12,591. Nasdaq lost 16 points to 2334.
On the upside
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 41 on the NYSE and by more than 7 to 5 on Nasdaq. The Russell 2000 which tracks small cap stocks fell 5 points to 708.