This morning, the S&P 500 Index e-mini futures (ES-U3) are trading lower by 1.00 points to 1679.50 per contract. Corporate earnings results have been mixed with most major companies missing on revenues, but the major stock indexes have traded higher. Lat night, both Microsoft Corporation (NASDAQ:MSFT), and Google Inc (NASDAQ:GOOG) missed on the top and bottom lines. This quinella took the NASDAQ 100 futures (NQ-U3) sharply lower after the closing bell yesterday. This news should cause the PowerShares QQQ Trust, (ETF) (NASDAQ:QQQ) to be a bit weak at the start of the day. Either way, this is a Friday trading session, usually during a Friday trading session the major stock indexes will trade flat to slightly higher. We shall see if today will be different.