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NEW YORK, Jan 23- The S&P 500 extended its winning streak to six days on Wednesday after stronger-than-expected profits from IBM and Google alleviated investor concerns about the technology sector. The Dow Jones industrial average gained 66.96 points, or 0.49 percent, to 13,779.17. The Nasdaq Composite Index gained 10.49 points, or 0.33 percent, to 3,153.67.
NEW YORK, Jan 23- Brent crude futures rose on Wednesday on supportive UK jobs data and after U.S. crude prices fell sharply on news of an unplanned constraint on a pipeline, which had been expected to alleviate a glut of oil in the U.S. Midwest and narrow the spread between Brent and U.S. oil prices.
*Google and IBM both rally after reporting results. NEW YORK, Jan 23- The Dow and Nasdaq advanced on Wednesday, lifted by IBM and Google whose stronger-than-expected profits helped to alleviate growing investor concern about the tech sector.
*Sees additional $80 mln in costs for mine-expansion project. Jan 23- Rare earth producer Molycorp Inc warned of significantly lower revenue and cash flow for the first half of the year and said it will not generate enough money to fund the expansion of its main mine in California.
*Google and IBM both rally after reporting results. *Apple results due after market closes. Internet search company Google Inc added to the advance, rising 5.1 percent to $738.65 a day after Google reported its core business outpaced expectations.
NEW YORK, Jan 23- U.S. stocks edged higher at the open on Wednesday, with technology stocks among the best performers after earnings from Google and IBM. The Dow Jones industrial average gained 44.78 points, or 0.33 percent, to 13,756.99. The Nasdaq Composite Index advanced 12.16 points, or 0.39 percent, to 3,155.34.
*Google and IBM both rally after reporting results. *Apple results due after market closes along with Netflix. Tech shares will be in focus with earnings due from tech heavyweight Apple and following strong results from both IBM and Google, which rallied in premarket trading and continued the string of major companies outperforming following results.
Jan 23- Rare earth producer Molycorp Inc warned of significantly lower revenue and cash flow for the first half of the year and said it might have a cash shortfall of about $250 million for the year, sending its shares down more than 10 percent premarket.
*MSCI World index flat as corporate earnings eyed. LONDON, Jan 23- World shares hovered near 20- month highs on Wednesday, supported by some upbeat corporate earnings, an easing of fears about the U.S. debt ceiling and a better outlook for the global economy.
*Apple results due after market closes along with Netflix. Tech shares will be in focus with earnings due from tech heavyweight Apple and following strong results from both IBM and Google, which rallied in premarket trading and continued the string of major companies outperforming following results.
*Google and IBM both rally in premarket after results. *Apple results due after market closes, along with Netflix. *Google Inc rose 5.1 percent to $738.61 in light premarket trading a day after the search giant's core Internet business outpaced expectations.
*IBM up on earnings, outlook; S&P 500 index lingers at 5- year high. NEW YORK, Jan 23- U.S. and European stocks moved higher on Wednesday, helped by strong earnings reports and signs American lawmakers were close to raising the federal debt limit.
Jan 23- US Airways Group Inc said on Wednesday that fourth-quarter profit more than doubled as higher revenue offset cost increases. The carrier, which has been in talks with bankrupt AMR Corp's American Airlines for months about a possible merger, said improved on-time arrivals and baggage handling helped drive traffic and revenue.
*Google and IBM both rally after reporting results. NEW YORK, Jan 23- The Dow and Nasdaq edged higher on Wednesday, lifted by IBM and Google whose stronger-than-expected profits helped to soothe investors' concerns about the tech sector.
*MSCI Asia ex- Japan up 0.1 pct, Nikkei falls 0.8 pct. The yen stabilized after firming as realisation sank in that monetary easing announced on Tuesday by the Bank of Japan had fallen short of some market expectations, though many analysts acknowledged that the BOJ was showing determination to pull Japan out of years of deflation and economic stagnation.
HONG KONG, Jan 23- Hong Kong shares could start higher on Wednesday, tracking Wall Street gains after upbeat U.S. earnings, but gains could be capped by chart resistance after a strong start to the year. *Major Chinese automaker Dongfeng Motor Group Co has agreed to set up a 55-45 truck venture with Volvo in China, the Chinese Business News said on Tuesday.
TOKYO, Jan 23- Asian shares nudged higher on Wednesday following gains in Wall Street overnight, with upbeat U.S. earnings and improving German investor sentiment encouraging buying of riskier assets.
"We have seen outflows from government bonds and the next big migration is going to be into equities," said Tim Garry, a portfolio manager at $3.7 billion Passport Capital. Debating exactly where strong returns might come from after a largely lackluster year for hedge funds was the key topic at the GAIM USA 2013 conference in Florida.
*Soybeans up on China demand outlook, Brazil worry. *Cotton also jumps bets of more China buying. NEW YORK, Jan 22- Oil and metals prices rose on Tuesday as more monetary easing from Japan appeared likely, while soybeans hit a one-month high on expectations of more China buying and worries whether the Brazilian shipments of the crop would make it port.
*Dow up 0.5 pct, S&P 500 up 0.4 pct, Nasdaq up 0.3 pct. Investors, however, were cautious ahead of an increase in earnings reports and as the S&P 500 rose for a fifth straight day.