Today may be the biggest day of the current earnings season, with three Dow components slated to report, as well as two other hugely important stocks: Google and Morgan Stanley. Here's what to watch for:
Morgan Stanley While other banks have surprised on the upside this quarter, Morgan Stanley looks like it will be a disappointment. The analysts' consensus for earnings of $1.14 a share would be a 79 percent decline from the same quarter a year earlier.
Verizon This Dow stock is forecast to post earnings of 65 cents a share, up 15 percent from a year earlier. It will also provide a hint as to how Apple will do, since so more than 3 million iPhones rely on the Verizon network.
Travelers Its third quarter earnings forecast of $1.54 a share would be double the figure from a year earlier. Travelers has been one of the Dow's top performers, up 21 percent so far this year.
Microsoft Its earnings are expected to be just 56 cents a share, down 17 percent from the year before. Microsoft's fortunes may turn on October 26, when it introduces its Surface tablet.
Google Quarterly earnings are expected at a whopping $8.74 a share, although that's an increase of just 9 percent from a year earlier.
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