US stocks rose Wednesday after better-than-expected earnings from Yahoo.» Read More
The late rally even gave a lift to tech stocks like Google and Intel, which had weighed on the market much of the day. "As long as the market can close on a positive note, it sends a signal to investors that there are bargains in the market still to be had," said Quincy Krosby, market strategist at Prudential Financial.
NEW YORK, April 15- U.S. stock index futures pointed to a modestly higher open on Tuesday as earnings from Coca Cola and Johnson& Johnson helped overshadow a mixed bag of economic data.
Companies making headlines before the bell:
U.S. stock index futures pointed to a flat-to-lower open on Tuesday, as investors awaited results from a number of industry heavyweights.
A turnaround in Johnson& Johnson's prescription medicine business fueled by new drugs, combined with reduced production and administration expenses, lifted first-quarter profit by 8 percent. The maker of Band-Aids and biologic drugs said net income was $4.73 billion, or $1.64 per share, up from $3.5 billion, or $1.22 per share, a year earlier.
*Yahoo, Morgan Stanley rise after research notes. NEW YORK, April 15- U.S. stock index futures edged up on Tuesday after earnings from Coca Cola and Johnson& Johnson and ahead of economic data including inflation and manufacturing.
TOKYO— World stock markets were mostly lower Tuesday as Ukraine tensions continued to bubble and jitters about China's economy resurfaced. Hong Kong's Hang Seng was down 1.6 percent at 22,671.26 as a drop in China's money supply unnerved investors ahead of first quarter economic growth figures due Wednesday.
Baxter International Inc. rose$. 78 or 1.1 percent, to $72.76. Bristol-Myers Squibb Co. fell$. 87 or 1.8 percent, to $47.96. Hospira rose$. 79 or 1.9 percent, to $42.93.
Allergan rose $3.08 or 2.5 percent, to $123.97. Baxter International Inc. rose$. 78 or 1.1 percent, to $72.76. Boston Scientific Corp. rose$. 62 or 4.9 percent, to $13.31.
US consumer prices up slightly in March; cheaper gasoline blunts impact of higher food costs Yellen says recent bank capital rules may need to be strengthened further to bolster banks Johnson& Johnson's Q1 profit rises 8 pct on lower spending, surge in prescription drug sales Coca-Cola sells more drinks but soda dips; profit declines 8 percent World stocks mostly down as Ukraine tensions bubble, doubts surface over China growth US builders' confidence rises but is limited by tight credit and shortages of labor and lots Zebra to spend $3.45 billion on Motorola's enterprise business in significant expansion Foreign holdings of US Treasury debt increase in February to record $5.89 trillion US retail sales jump 1.1 percent in March, best showing in 18 months, led by auto sales Hot IPO market may face cooler reception as stock swings make investors nervous
US consumer prices rose just 0.2 percent in March Yellen says Fed examining additional bank rules J&J Q1 net up 8 percent on sales jump, lower costs Coca-Cola sells more drinks but soda dips World stocks mostly down on Ukraine, China jitters US homebuilder confidence edges up in April Zebra to spend $3.45 B on Motorola business Foreign holdings of US Treasury debt increase US retail sales up strong 1.1 percent in March Is hot market for IPOs cooling?
Baxter International Inc. rose$. 79 or 1.1 percent, to $72.77. Bristol-Myers Squibb Co. fell$. 39 or. 8 percent, to $48.44. Hospira rose $1.35 or 3.2 percent, to $43.49.
Allergan rose $3.06 or 2.5 percent, to $123.95. Baxter International Inc. rose$. 79 or 1.1 percent, to $72.77. Boston Scientific Corp. rose$. 51 or 4.0 percent, to $13.20.
Allergan rose$. 47 or. 4 percent, to $121.36. Baxter International Inc. rose$. 47 or. 7 percent, to $72.45. Boston Scientific Corp. rose$. 48 or 3.8 percent, to $13.17.
Baxter International Inc. rose$. 47 or. 7 percent, to $72.45. Bristol-Myers Squibb Co. fell$. 07 or. 1 percent, to $48.77. Hospira rose$. 10 or. 2 percent, to $42.24.
But the market pushed higher from the get-go Monday, receiving a boost from solid earnings from Citigroup and a strong pickup in retail sales last month. Among the stocks that rose sharply were WebMD, Edwards Lifesciences and Goodrich Petroleum. Citigroup helped stoke the rally.
These are the companies making headlines before the bell.
The sharp stock market decline last week doesn't look like it will continue this week, Jonathan Golub, chief U.S. market strategist at RBC Capital, told CNBC on Monday.
Like thunderstorms cooling an overheated landscape, more selling could rumble through the stock market in the coming week.
Are earnings about to shrink? That's what analysts are expecting. And here's what that could mean for the market.