Stocks Ended Lower, Dow Tumbled

U.S. stocks ended lower on Tuesday, with the Dow Jones Industrial Average tumbled more than 180 points as weak revenue at IBM and United Technologies weighed on it. The Dow Jones Industrial Average dropped 181.12 points, or 1.00%, to 17,919.29. The S&P 500 was down 9.07 points, or 0.43%, to 2,119.21. The Nasdaq Composite shed 10.74 points, or 0.21%, to 5,208.12.

Microsoft Corp reported a $3.2 billion quarterly net loss, hurt by charges related to its Nokia phone business and job cuts, and weak demand for its Windows operating system. The company reported net income of $4.61 billion, or 55 cents per share, a year earlier. Revenue fell 5 percent to $22.18 billion.

Yahoo (YHOO) posted mixed second-quarter results after the bell on Tuesday. The media firm revealed adjusted profits of 16 cents a share, missing estimates by two cents. Revenue, as reported, came in at $1.24 billion, marking a roughly 15% increase from the same period in 2014.

SunEdison, the world’s largest renewable energy development company, announced a definitive agreement to buy Vivint Solar, one of the largest providers of residential rooftop solar systems.

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