What follows is a roundup of corporate earnings reports for Thursday, Jan. 27.
Stocks fell back after trading above significant benchmarks just before the close amid mixed economic and earnings news and light trading as the Northeast dug out from another major snowstorm. GE and United Technologies rose, while P&G fell.
Stocks turned slightly positive in the wake of both positive and negative economic and earnings news, after the major indices hit psychologically important benchmarks earlier in the session.
Stock index futures traded essentially flat after an unexpected surge in jobless claims took the wind out of the market, which had risen higher after Caterpillar easily beat both profit and revenue expectations.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
Today the DOW hit that crucial 12,000 benchmark, and it's worth taking stock of how the index's three media and telecom stocks have fared since the last time we saw 12,000.
The market is up roughly 3 percent in January, but expect stocks to consolidate in February, warned Tobias Levkovich, chief U.S. equity strategist at Citi.
Stocks are seeing some of their loftiest gains deflate, and that could continue as investors weigh dozens of major earnings reports and a fresh series of economic news in the week ahead.
Markets are probably due for a pullback in the near-term, but for the first half of 2011, stock are going to move higher, said Andrew Kanaly, chairman of Kanaly Trust Company.
No surprise that the small-cap Russell 2000, down 2.5 percent, is the downside leader of the major indices; since the current leg of the market rally began on September 1, the Russell has far outperformed, up 31 percent vs. the up 22 percent of the S&P 500.
As employees become more mobile and less tied to their desks, the average amount of space per employee nationwide, in all industries, has dropped to 250 square feet from 400 square feet in 1985. The New York Times reports.
Stocks bounced off the lows of the session but ended lower as disappointing economic news halted the market's rally and as Merck dragged down the Dow amid problems with a key blood-clotting drug. Merck and Alcoa slumped, as Home Depot rose.
Stocks slumped more in the final hour of trading as disappointing economic news halted the market's rally and a disappointing drug trial for Merck dragged down the Dow. Merck and Alcoa fell, while Home Depot rose.
Stocks slipped as economic news released Thursday gave investors reason to pause a day after the market reached new multi-year highs. Merck sank, while DuPont rose.
AT&T says it expects to take a pre-tax charge of $2.7 billion in the fourth quarter because of a change in how it accounts for gains and losses for pensions and other retirement benefits.
The overall financial sector “looks great” this year, said Bill Spiropoulos, CEO of CoreStates Capital Advisors, a wealth management firm.
Everyone loves to hear good news. Everyone loves to hear why they're right. But if you want to make money in the market, as I did for a decade at Neuberger Berman, then you need to listen to why you might be wrong about a stock, and here's why.
The highly anticipated move marks the end of a five-year agreement of exclusivity between Apple and AT&T, the New York Times reports.
With so much talk about how to trade in the wake of the new Verizon iPhone, we put together all the plays from the Fast friends in one post.
Stocks closed up modestly, easing off the highs of the day, as upbeat earnings reports and rising commodity prices gave a lift to the market. BofA and Intel rose, while Verizon fell.