Johnson & Johnson, Morgan Stanley Headed Lower, Netflix Earnings Next




TheStreet TV show

Summary: U.S. markets started the day higher on Tuesday, but stocks including Johnson & Johnson and Morgan Stanley are left out of the gains. Morgan Stanley disappointed on the top and bottom line, missing out on trading revenue like so many of the other Wall St. banks to report earnings this quarter. And Johnson & Johnson's bottom line beat wasn't enough to keep shares in the black this morning after a revenue miss guided the stock lower at the open. But investors will have more stocks to watch this afternoon, as Netflix and IBM line up earnings once the markets close.