Germany’s DAX helped pace the modest advance after gaining. However, trading has been orderly and stability across eurozone equity markets is possibly keeping a floor under the US equity market through midday. Applied Materials ( AMAT) is weighing on the tech sector after slashing its outlook.
Alcoa ( AA) is off 3.4% and the biggest loser in the Dow Jones Industrial Average on an earnings disappointment. Stock market averages opened positive, but have since fallen into the red.
