After Hours Archive MSFT -3.4% Following Earnings

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The stock market dropped more than 1% as participants shrugged off another batch of better-than-expected earnings amid renewed concerns about the fiscal health of Greece, but technical support helped set the stage for an afternoon rally that took stocks to a modest gain. After the close, AMZN, AXP, BUCY, CAKE, COF, COLM, DECK, DOX, DV, INFA, MSFT, OSIP, PMCS, RMBS, RVBD, STM, SYNA, WDC are some of the most notable names that reported after the close. After hours, MSFT is trading -3.4% lower following earnings results.

Futures are lower after hours with S&P 500 futures 3.5 points below fair value of 1205.20 and Nasdaq 100 futures 9.56 points below fair value of 2043.06.

Six of the ten sectors were in positive territory, led by Consumer Discretionary (+1.7%), Materials (+0.8%) and Industrials (+0.7%), while Health Care (-1.3%), Telecom (-0.3%) and Consumer Staples (-0.3%) were lower.

Tomorrow morning, one economic report is scheduled to be released before the open: 1) Durable Order[quote][/quote]s (Consensus 0.1%) and Durable Orders ex auto (Consensus 0.7%).

Tomorrow before the open look for the following companies to report: ABFS, FLIR, ERIC, PCX, ROL, SLB, TASR, TRV, and XRX.

ppteam

doesn't matter.
It's normal that ES travels to 1198; below trouble.

sooners

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