Coincidentally on the 25th anniversary of the 1987 market crash. The major averages tumbled as investors dumped big name stocks on concerns about Quarterly Earnings and the Business Outlook for Corporate America. Shares of mcdalds fell 4. 5 c2 c2r rerting weer than excted es anrenues c2e fa foot al sd engs owth will quotete presre goi forwardc2 ofits were up at rallc2 electric, b revenues came in below analyst estimates and g. E. Also warned of a tough economic environment. The stock slid 3. 5 . Nervousness about the outlook for Technology Companies pulled down stocks. Microsoft and google, both reported disappointing earnings yesterday. By the closing bell, the dow lost 205 points or 1. 5 . The tech heavy nasdaq really got slammed down 67 points and, the s p 500 dropped 24. The problem is there doesnt seem to be any real tolerance for when a company misses. So, you can have decent bottom line growth, but if the revenue side is light or if the guidance even has a tinge of negativity to
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