China’s economic reform plan communique revealed few details about major issues.  The markets opened lower with the Dow falling 60 points to 15,690. Nasdaq slipped 3 points to 3916.

On the upside 

Third quarter earnings for Sina (Nasdaq: SINA) more than doubled to beat analyst expectations as revenue climbed.

Canadian Solar (Nasdaq: CSIQ) reversed year ago losses to post a profit for the third quarter.

Macy’s (NYSE: M) reported higher third quarter earnings that surpassed analyst expectations by a wide margin as revenue rose.

On the downside

Investors questioned whether Mechel OAO (NYSE: MTL) would be able to sustain its debt load. 

Synta Pharmaceuticals (Nasdaq: SNTA) priced its public offering of 14 million common shares at the discounted price of $3.75 per share.

YRC Worldwide (Nasdaq: YRCW) fell to a loss for the third quarter.

In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 slipped 3 points to 1764.