Stocks turn lower ahead of big tech earnings

Stocks (^DJI^GSPC, ^IXIC) are down slightly at the midday mark, with the utilities sector (XLU) leading the way down, while the financial sector (XLF) is alone in the green. Matt Cheslock joins us live from the floor of the New York Stock Exchange. To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance Editor-in-Chief Andy Serwer and Yahoo Finance’s Pras Subramanian.

Today, on Midday Movers we discuss

  • China crushes American tech titans
  • Big week for tech earnings: GOOGL, AMZN, FB
  • Why stocks are underperforming this earnings season
  • Saudis pledge more export cuts
  • KKR to buy WebMD in $2.8 billion deal
  • College tuition hikes starting to slow
  • $46 ‘Zuckerberg Shirt’ launches