Market Watch

Anticipation of Microsoft's earnings -- the company's expected to report growth of 48 cents a share after close of trading today -- maintained the Nasdaq's rally. By midmorning, the index had gained 7.66. The Dow was off 8.47 points. Asia: Light trading in anticipation of Friday's stimulus announcement pushed Tokyo's Nikkei down 0.41 percent. Hong Kong's Hang Seng closed up 0.08 percent in mixed trading. Europe: Germany (0.52 percent) and France (0.19 percent) slipped amid earnings reports, and Britain was up 0.22 percent.

Anticipation of Microsoft's earnings -- the company's expected to report growth of 48 cents a share after close of trading today -- maintained the Nasdaq's rally. By midmorning, the index had gained 7.66. The Dow was off 8.47 points. Asia: Light trading in anticipation of Friday's stimulus announcement pushed Tokyo's Nikkei down 0.41 percent. Hong Kong's Hang Seng closed up 0.08 percent in mixed trading. Europe: Germany (0.52 percent) and France (0.19 percent) slipped amid earnings reports, and Britain was up 0.22 percent.