US STOCKS-Futures tumble with Microsoft, Caterpillar; data weighs
* Durable goods data sharply below expectations
* New York City mostly spared of snow storm
* Caterpillar, Microsoft shares slide after results
* Futures down: Dow 195 pts, S&P 15 pts, Nasdaq 37 pts (Updates prices, adds data, comment)
By Rodrigo Campos
NEW YORK, Jan 27 (Reuters) - U.S. stocks were set to open sharply lower on Tuesday, with Microsoft and Caterpillar shares down more than 8 percent each after posting earnings, while an unexpected decline in durable goods orders also weighed on sentiment.
Microsoft fell 8.4 percent in premarket trading the day after the Dow component reported results. The main engine of its historic earnings power, selling Windows and Office to big businesses, is showing signs of waning.
Shares of construction and mining equipment maker Caterpillar fell 8.2 percent after its net profit came in below market expectations.
Company earnings are being hurt or helped by lower energy prices, a stronger U.S. dollar and the effect of those on the consumer, said Art Hogan, chief market strategist at Wunderlich Securities in New York. Continuación...