The Fed is expected to repeat its dovish message in the coming week, which could provide a safety net for the market amid a big wave of earnings and the April jobs report.
Check out which companies are making headlines after the bell Thursday:
Stocks are up as Bears are not yet in control of the narrative. There were no surprises from Bernanke, though he did give a rather spirited defense of QE and low interest rates.
Take a look at some of Tuesday's midday movers:
Health care stocks reached their highest level since April 25, led by Aetna.
Healthcare moving on debates. Governor Romney's performance last night has investors in certain healthcare sectors a bit nervous. Obamacare is perceived to be a positive for hospitals, slight negative for HMOs. Today, that trade is being reversed: hospital stocks are down, HMOs are up
The Morgan Stanley Healthcare Payors Index is having its best day in three and a half years.
Stocks accelerated their selloff in the final minutes of trading to close down more than 1 percent across the board Monday, as initial euphoria over Spain's bank bailout fizzled and amid ongoing fears over a global economic slowdown.
Is it enough? The 100 billion euros ($125 billion) the European Union is lending to Spain for bank recapitalization was dismissed almost immediately because it didn't involve: 1) writedowns; and 2) a massive restructuring of the Spanish economy. This buys some more time, but everyone is looking for what form the ultimate solution will take.
U.S. stock index futures were higher Monday but off their best levels as questions began to form over whether Spain's bank aid would really help put an end to the debt crisis.
U.S. futures were dropping all through the early morning as European manufacturing numbers were weak. Italian and Spanish PMI were both below 50, showing continuing contraction. Even Germany came in at 46.2, a tad below expectations and firmly in contraction territory.
The Morgan Stanley Healthcare Payors Index is having its worst day in eight months on news Ohio will not renew contracts to four current Medicaid providers.
Health care stocks spent much of 2012 inching higher, and are currently the sixth best performing sector in the S&P 500, up 7 percent.
Santorum’s still a long way off from the presidency. But with the New Hampshire primary coming next week, we thought it would be useful to explore how a Santorum presidency might impact investors.
Amerigroup will release second-quarter figures on Friday before the bell. In the past 8 quarters, the company's shares rose 2.34 percent, on average, thirteen days after the company reported its quarterly results.
The S&P 600 Small-Cap Index closed at an all-time high on Thursday, while the S&P 400 Mid-Cap Index came within points of reaching record levels.
S&P futures moved up 7 points as April nonfarm payrolls added 244,000 jobs, well above expectations. Silver is down another 8 percent this morning. Precious metals and to some extent other commodities have been driven by a weak dollar, rising inflation, low interest rates, and the higher liquidity provided by QE2, which is now ending. Here's the problem...
Stocks pared losses in the last few minutes of the session to end higher capping a stellar week for the markets marked by Republican gains in Congress, the Fed's decision to pump more money into the economy, and a surprising strong jobs report. Alcoa and JPMorgan rose.
Stocks pared losses but remained mixed in the last minutes of Friday's session as stronger-than-expected U.S. job gains in October failed to continue a rally that led stocks to two-year highs on Thursday. Kraft and Merck fell, Alcoa rose.
Stocks were mixed and the dollar rose a day after the markets surged to two-year highs, as investors absorbed the meaning of a surprising surge in payrolls in the wake of the Federal Reserve plans to pump more money into the economy. Kraft fell, BofA surged.