Poor corporate earnings reports pounded markets as the week ended on a sour note. Disappointing results from three Dow giants — Microsoft, GE, and McDonald’s — were to blame. The disappointing earnings and a report showing a drop in home sales last month also depressed energy prices. Benchmark crude lost $2.05 to $90.05 per barrel.
Dow down 205 as weak earnings drag market lower
You have reached the limit of 10 free articles a month
Stay informed with unlimited access to Boston’s trusted news source.
- High-quality journalism from the region’s largest newsroom
- Convenient access across all of your devices
- Today’s Headlines daily newsletter
- Subscriber-only access to exclusive offers, events, contests, eBooks, and more
- Less than $1 a week