Stock Market Update

[BRIEFING.COM] The Dow Jones Industrial Average is about 400 points lower.

Microsoft (MSFT 390.27, -3.67, -0.9%) and Meta Platforms (META 540.36, -14.08, -2.5%) are the headliners in today's earnings calendar. 

Qualcomm (QCOM 147.66, +0.78, +0.6%) and KLA Corporation (KLAC 694.25, +6.30, +0.9%) are going against the downside grain, trading higher ahead of their earnings reports. 

Other notable names reporting results tonight trade lower, including Allstate (ALL 195.95, -2.78, -1.4%), MGM Resorts (MGM 31.26, -0.54, -1.7%), and CH Robinson (CHRW 88.15, -0.17, -0.2%).