Stocks ended off earlier lows but still lost more than 1 percent Wednesday as China, earnings and the dollar's gains clipped the market's momentum after Tuesday's rally.
Stocks were down more than 1 percent as China, earnings and the dollar's gains clipped the market's momentum after Tuesday's 1-percent rally.
Stocks retreated Wednesday, after soaring to fresh 15-month highs a day earlier, as some disappointing earnings and the dollar's gains clipped the market's momentum.
Stock index futures were lower Wednesday, indicating a pullback following the biggest gains for stocks since Jan. 4.
What follows is a roundup of corporate earnings reports for Wednesday, Jan. 20.
On Tuesday, the Fast Money traders were poring over results from IBM after big blue beat expectations but then sold-off in the after-market.
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The S&P 500 touched a 14-month high on Tuesday as investors bet on a housing market comeback in 2010.
Stocks rose on Monday, with the Nasdaq hitting a 15-month high buoyed by Internet giant, Amazon.
On Thursday the Fast Money traders were keeping a close eye on action in the dollar and bank stocks. Pete Najarian thinks two names could double.
Stocks skidded Tuesday as disappointing reports from McDonald's, 3M and Kroger offset an earnings beat from FedEx. Gains in the dollar also weighed on the market.
Stocks skidded Tuesday after disappointing sales from McDonald's and gains in the dollar.
Stocks skidded Tuesday as the strengthening dollar chased buyers from the equity markets.
Stocks looked set for a slight rise at the open Tuesday as European markets erased early losses and FedEx helped sentiment with some bullish guidance.
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