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Tech Snaps Nadaq's Streak; Dow Climbs 24

Amazon, Microsoft fall after weak earnings

By Nick McMaster,  Newser Staff

Posted Jul 24, 2009 3:24 PM CDT

(Newser) – The tech sector exerted downward pressure on stocks today, snapping the Nasdaq’s 12-day winning streak, the Wall Street Journal reports. Microsoft sank 8.9% after reporting a 29% drop in quarterly earnings, while Amazon fell 8.3% after also reporting a disappointing quarter. Alcoa,...   Read full story »

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Microsoft • NASDAQ • Merck • Dow Jones • Alcoa • Pfizer • earnings reports • quarterly reports • S&P 500 • Amazon

 
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