On the upside
Shares of Goldman Sachs (NYSE: GS) rose ahead of Tuesday's earnings report. Investors also picked up shares of Bank of America (NYSE: BAC) and Wells Fargo (NYSE: WFC).
Unisys (NYSE: UIS) offered upbeat guidance for the 2nd quarter including a possible pre-tax profit.
An analyst upgraded Trinity Industries (NYSE: TRN), a railcar maker and leasing company.
On the downside
Microsoft (NYSE: MSFT) announced plans to offer an Internet-based version of its Office suite for free.
Shares of CIT Group (NYSE: CIT) fell on word that it may file for bankruptcy if the commercial lender is unable to shore up its balance sheet.
Shares of CardioNet (Nasdaq: BEAT) tumbled after the company revealed that Medicare will lower reimbursement rates for its heart monitor devices.
In the broad market, declining issues outpaced advancers by a margin of nearly 4 to 3 on the NYSE and by more than 5 to 3 on Nasdaq. The Russell 2000 which tracks small cap stocks edged up a point to 481.