Bank of America, Microsoft, Exxon: Dow Midday Movers

NEW YORK ( TheStreet) -- U.S. stocks were falling midday Tuesday ahead of the afternoon release of the minutes from the Federal Reserve's mid-March policy meeting.

The Dow Jones Industrial Average fell 48.89 points to 13,215.60. Leading the Dow lower were Bank of America ( BAC), Microsoft ( MSFT) and Exxon Mobil ( XOM).

Shares of Bank of America fell 1.34% to $9.55. The bank has been the best-performing stock in the Dow year to date, gaining almost 72% so far in 2012.

TheStreet Ratings gives Bank of America a C- grade and a hold rating.

Exxon shares lost 1.15% to $86.07. TheStreet Ratings gives Exxon Mobil a B+ grade with a buy rating and a $103.63 price target.

Shares of Microsoft fell 1.32% to $31.86. UBS analysts raised their price target for Microsoft to $36 from $33 on Monday.

TheStreet Ratings gives Microsoft an A grade with a buy rating and a $37.10 price target.

The biggest gainers in the index were American Express ( AXP) and McDonald's ( MCD). Neither stock was gaining more than 1%.

-- Written by Alexandra Zendrian

>To contact the writer of this article, click here: Alexandra Zendrian

>To submit a news tip, send an email to: tips@thestreet.com.

>To follow the writer on Twitter, go to Alexandra Zendrian.

If you liked this article you might like

Forecast for S&P 500, Dow Industrials Remains Bullish, These Charts Show

Forecast for S&P 500, Dow Industrials Remains Bullish, These Charts Show

Dow 20,000! It Should Mean Nothing to Investors, but Then Again...

Dow 20,000! It Should Mean Nothing to Investors, but Then Again...

Tradebird Investors Are Bullish on U.S. Stocks but Bearish on the Euro

Tradebird Investors Are Bullish on U.S. Stocks but Bearish on the Euro

Why Home Depot and Boeing Stock Fell Tuesday

Why Home Depot and Boeing Stock Fell Tuesday