Mid-Morning Market Update: Markets Open Lower; Microsoft Plans To Cut 7,800 Jobs Following the market opening Wednesday, the Dow traded down 1.06 percent to 17,588.94 while the NASDAQ slipped 1.20 percent to 4,937.73. The S&P also fell, dropping 1.05 percent to 2,059.58. Leading and Lagging Sectors Utilities
Microsoft to Cut 6.6% of Staff, Write Down Nokia Buy–5th Update Microsoft to Cut 6.6% of Staff, Write Down Nokia Buy–5th Update