Market Up On Good News From Microsoft and Countrywide
“The bullish commentary from Microsoft is helping the market, [as is] Countrywide coming out and saying they’re going to be profitable.”
– Robert Pavlik (subscription required), Oaktree Asset Management
Markets are up this morning on a strong earnings report from Microsoft (MSFT) after the close yesterday (FY 1Q 2008 Earnings Release) and a positive forecast going forward from Countrywide (CFC).
Here’s how markets look:
Dow: +0.39%
S&P: +0.65%
Nasdaq: +1.34%