Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Microsoft Jumped, but the Dow Fell Anyway

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

In the age of information, investors always want to know why their stocks are moving. Yet sometimes, especially on lackluster days like today, there aren't any obvious reasons the market moves up or down. Certainly, you can point to factors like rising Italian bond yields and concerns about their potential impact on the European financial crisis as contributing to a negative tone. But after the strong upward movement in the stock market that we've seen in recent months, today's 22-point drop in the Dow Jones Industrials (DJINDICES: ^DJI  ) isn't terribly significant. The S&P 500 and Nasdaq Composite actually dropped even less, with a percentage loss of 0.06% each.

The Dow didn't hold back Microsoft (NASDAQ: MSFT  ) , though, which climbed more than 1% after its Surface Pro tablet launched over the weekend. Sales were strong, although reviews were mixed, with many impressed by the functionality of having full-blown versions of popular software programs available. The question is whether, at a fairly hefty price point, customers will be willing to pony up for the tablets rather than accepting cheaper laptops as substitutes. This weekend, the answer was yes, but Microsoft needs much more than a few days of positive results to convince investors that its long drought is over.

Elsewhere, Regeneron Pharmaceuticals (NASDAQ: REGN  ) climbed almost 3% on news that Sanofi (NYSE: SNY  ) will boost its holdings of the biotech by about $500 million. With Sanofi already owning a big stake in Regeneron, the move isn't necessarily all that significant by itself. But as merger and acquisition activity has been heating up in the pharmaceutical and biotech spaces, Regeneron investors hope that macular degeneration drug Eylea will prove to be enticing enough to draw a full-out bid for the company in the near future.

Finally, SunPower (NASDAQ: SPWR  ) regained every bit of its 6% loss on Friday and then some, soaring 19% today. One interesting trend being talked about in the solar industry, according to the Financial Times, is the possibility of using solar-panel leases as collateral for asset-backed bonds. The hope is that by creating a more liquid market, overall demand for solar systems will rise, helping SunPower and its peers to boost their profits in what has been a tough environment for solar stocks.

Learn more
Find out more about whether Microsoft has finally gotten things turned around by reading our premium research report on the stock. Inside, our tech analyst explains that Microsoft has plenty of potential wins ahead but needs to get over some key obstacles first. He'll also give regular updates, so claim your copy of this report now by clicking here.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2249022, ~/Articles/ArticleHandler.aspx, 9/25/2016 3:41:52 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 day ago Sponsored by:
DOW 18,261.45 -131.01 -0.71%
S&P 500 2,164.69 -12.49 -0.57%
NASD 5,305.75 -33.78 -0.63%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/23/2016 4:55 PM
^DJI $18261.45 Down -131.01 -0.71%
MSFT $57.43 Down -0.39 -0.67%
Microsoft CAPS Rating: ****
REGN $410.39 Up +2.38 +0.58%
Regeneron Pharmace… CAPS Rating: ****
SNY $38.35 Down -0.22 -0.57%
Sanofi CAPS Rating: *****
SPWR $8.52 Up +0.27 +3.27%
SunPower CAPS Rating: ****