Predictably, HMOs are trading up slightly on the Scott Brown victory in Massachusetts, but for the rest of the market its pretty much back to "sell on the earnings news."
Stocks rose to fresh 15-month highs Tuesday, led by health-care stocks as a key Senate-seat vote in Massachusetts today could change the course of health-care reform. Citigroup bounced back after an initial dip on disappointing results.
Stocks rallied Tuesday, led by health-care stocks as a key Senate-seat vote in Massachusetts today could change the course of health-care reform. Citigroup bounced back after an initial dip on disappointing results.
Stocks pushed higher, buoyed by gains in drug and chip stocks. Citigroup bounced back after an initial dip on disappointing results.
Wall Street investors returned from a long weekend undecided about how to trade, with stock index futures pointing to little change at the open. But earnings from Citigroup could dictate direction from the opening bell.
Some of the market’s biggest stocks will report, but a certain Senate race may prove more important.
What follows is a roundup of corporate earnings reports for Tuesday, Jan. 19.
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Railroads are up: Union Pacific and CSX up 7 percent, Norfolk Southern up 5 percent — and it's not because everyone thinks all the railroads will be bought out.
While the Burlington Northern deal is getting a lot of attention, it has not brought pre-open trading in the S&P futures into positive territory yet. Risk aversion has become a more prominent theme since last Wednesday, when the S&P 500 dropped below its 50-day moving average for the first time since July.
What the market giveth, the market taketh away. Both the Dow and S&P plunged on Friday giving back stellar gains from just one day ago.
The country's second-largest railroad said its third-quarter earnings dropped because people still weren't buying more goods in stores and industrial production continued to sputter.
The Lightning Round is extended in this CNBC.com exclusive feature.
Find out what Michael Ward had to say about next quarter and beyond.
Stocks rallied Wednesday and the Dow broke through 10,000 for the first time in over a year, fueled by strong earnings from JPMorgan and Intel.