Disappointing Earnings Weigh Markets Down To Lower Open

Disappointing earnings news along with weak outlooks weighed the markets down to a lower open with the Dow falling 53 points to 12,186. Nasdaq lost 14 points 2775.

On the upside

Alcatel-Lucent (NYSE: ALU) reported sharply higher fourth quarter earnings that surpassed analyst expectations as revenue climbed.

Sequenom's (Nasdaq: SQNM) "Noninvasive detection of fetal trisomy 21 by sequencing of DNA in maternal blook: a study in a clinical setting" was published in the American Journal of Obstetrics and Gynecology.

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