Selling interest this session has offset the gains the stocks had made during the course of the past two sessions. All three major equity averages are now down with losses of 1% or more, strong quarterly reports have helped a couple of stocks put together enviable gains. Teva Pharma (TEVA 48.46, +1.32) posted an upside surprise this morning. Meanwhile, Macy's (M 28.24, +1.90) not only posted better-than-expected earnings, it also raised its forecast and doubled its quarterly dividend to $0.10 per share.