Positive earnings surprises have helped keep stocks buoyant, a trend that may help counteract the "sell in May" theory.
With the average price of regular gasoline now hovering near $3.80 a gallon nationally, prices at the pump are nearly a dollar higher than a year ago. For the average American who drives about about 15,000 miles a year and uses roughly 750 gallons of gas annually, that dollar increase per gallon has eaten about a $750 hole into the household budget per car.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
The Lightning Round is extended in this CNBC.com exclusive feature.
Stocks climbed back from the lows of the year as investors shrugged off continuing uncertainty in Japan to send stocks broadly higher. HP and Pfizer rose, while Kraft fell.
Stocks climbed to near the highs of the day ahead of the close as investors stepped back into the market to send it broadly higher after all the major indices fell to their lows for the year on Wednesday. HP and Chevron rose, while Kraft fell.
Stocks climbed back from the lows of the year on Thursday amid largely strong economic reports and after sharp drops in all the major indices on Wednesday. HP and Chevron led Dow gainers.
Stocks closed off the lows of the day, although still 1 percent lower, as buyers stepped into the market in afternoon trading even as investors remained unnerved by the escalating nuclear crisis in Japan. Intel and Cisco fell, while Chevron gained. .
Shares of FedEx slipped in extended trade on Monday after the company cut its earnings forecast for the current quarter. What must you know?
Cramer makes the call on viewers' favorite stocks.
With the Dow closing above 12,000 and the S&P ending above 1,300, should you dive into the market head first?
What follows is a roundup of corporate earnings reports for Tuesday, Feb. 1.
Stocks ended sharply higher as the Dow and the S&P 500 hit new multi-year highs, easily erasing losses from Friday's sharp sell-off on turmoil in Egypt as investors focused on upbeat earnings and economic news.
Stocks added to solid gains on Tuesday, pushing the Dow and S&P 500 to multi-year highs, as the market easily erased losses from Friday's sharp sell-off in the wake of turmoil in Egypt as investors focused on upbeat earnings and economic news. Pfizer and Alcoa rose, while P&G fell.
"If oil prices rise far above $100 barrel," says Roubini economist Rachael Ziemba "this is the big risk we see."
Stocks continued to rise Tuesday, nearly erasing losses from Friday's sell-off in the wake of turmoil in Egypt. Pfizer and Bank of America rose, while McDonald's fell.
Stock index futures pointed to a higher open for Wall Street on Tuesday after the Dow recorded its best January since 1997, while in Egypt the army pledged not to clamp down on protests by thousands in the capital Cairo.
Finally, we are out of January...and with January stock indices positive, we will likely see slightly higher volume today on beginning-of-the-month fund flows.
See what's happening, who's talking and what will be making headlines on Tuesday's Squawk on the Street.
Tuesday's "million" person march in Egypt could keep the heat on oil prices, which have gushed nearly 8 percent in two sessions.