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Stocks whiff after lackluster tech, industrial earnings

Stocks (^DJI^GSPC, ^IXIC) are off at the midday mark, with the energy (XLE) sector leading the way down, while real estate (XLRE) and utilities (XLU) remain in the green. Keith Bliss of Cuttone & Co. 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, as well as well as Yahoo Finance’s Justine Underhill, Rick Newman and Jen Rogers.

Today, on Midday Movers we discuss:

  • Exxon (XOM) sues US government after US levies fine for Russian joint venture
  • Investors dump Microsoft (MSFT) and eBay (EBAY) shares after earnings
  • Visa (V) shares up after earnings beat
  • GE (GE) and Honeywell (HON) earnings in focus
  • Bond market reacts to debt ceiling
  • Facebook (FB) files patent for LEGO-like smartphone
  • Ford (F) dubs ‘golden noses’ to boost sales in China