The markets opened lower as investors mulled over the latest batch
of earnings news. The Dow lost 62 points to 12,786 while Nasdaq fell 5 points to 2397.
On the upside
In the broad market, declining issues outpaced advancers by
a margin of nearly 2 to 1 on the NYSE and by 5 to 3 on Nasdaq.
The Russell 2000 which tracks small cap stocks slipped 3 points to 717.