Posted: Oct 19, 2012 10:17 AM
Source: Associated Press
NEW YORK (AP) - Microsoft and McDonald's are leading a broad decline in the stock market after both companies posted sub-par results for the third quarter.
The two stocks were the weakest in the Dow Jones industrial average in early trading.
Microsoft's income fell 22 percent as PC sales took a dive and as troubles in Europe took their toll. McDonald's profit fell 4 percent as a strong dollar hurt international results. Both stocks were down about 3 percent.