Mid-Day Market Update: Microsoft Tumbles On Downbeat Earnings, Schlumberger Gains

Midway through trading Friday, the Dow traded down 0.17 percent to 15,522.35 while the NASDAQ tumbled 0.70 percent to 3,585.86. The S&P also fell, dropping 0.09 percent to 1,687.86. Top Headline General Electric (NYSE: GE ) reported a 0.9 percent rise in its second-quarter earnings. GE's quarterly profit surged to $3.13