US earnings after the close highlighted by MSFT

Paypal. Advanced Micro Devices and Schlumberger also reporting

We are in earning season and after the close MSFT will be the highlighted release. Expectations are for earnings of $0.68/share excluding items. This is up 1.5% YoY. Sales are expected to come in at 21.71 billion. The outlook for the 4Q is for earnings of $0.79 minus items on sales of $25.84 billion.

Other names announcing include Paypal, chip maker AMD and Schlumberger.

Tomorrow< GE, McDonalds, and Honeywell are scheduled to announce before the opening.

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