Market Up On Good News From Microsoft and Countrywide

October 26, 2007 at 8:38 am  ·  Category: Market Commentary, Stocks

“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%

Posted by Greg Feirman  ·  Trackback URL  ·  Link
 

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