Market Primer, Friday July 19

 | Jul 19, 2013 08:02AM ET

Futures Slide On Weak Earnings

U.S. equity futures slid overnight following weak earnings reports from tech giants Microsoft (GE ) is expected to report second quarter EPS of $0.35 vs. $0.38 a year ago on revenue of $35.56 billion vs. $36.11 billion a year ago.Economics
On the economics calendar Friday, there is no important data due out. Over the weekend, watch out for the Japanese upper house elections to set the tone for the overnight session heading into Monday's trading.

BY Matthew Kanterman

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