Investors also digested a couple of poor economic reports on retail sales and inflation, which led market participants to believe that the Federal Reserve may turn dovish. However, shares of Microsoft Corp. MSFT gained momentum on expectations of better-than-expected quarterly results, banking on strong cloud performance and tax benefits. (Read: J&J Beats on Q2 Earnings, Lags Sales, Ups 2017 View ) The Travelers Companies, Inc. 's TRV second-quarter 2017 core income of $1.92 per share missed the Zacks Consensus Estimate of $2.07 by 7.2%.