That didn’t last long.
The Dow is lower in early trading Tuesday, after edging above 11,000 for the first time in 18 months on Monday. Experts blame the dip on Alcoa Inc. kicking off earnings season by coming up short of analysts’ expectations.
Maybe it’s just me, but it seems corporate earnings are always lower or higher than analysts’ expectations. When’s the last time you saw the headline: “Analysts’ expectations exactly on target”.