Stocks closed higher with the Dow finishing 20 points shy of 12,000 on the strength of materials and tech stocks and as investors awaited a handful of major earnings later this week. Alcoa and IBM rose, while BofA fell.
What follows is a roundup of corporate earnings reports for Monday, Jan. 24.
Stocks trimmed gains, but remained significantly higher, as techs and materials lifted the market as investors awaited a handful of major earnings from the sector later this week. Alcoa and IBM rose, while BofA fell.
Stocks extended modest gains as tech stocks rose and lifted the Nasdaq for the first time in several sessions. Alcoa and IBM rose, while BofA fell.
Also: Radio Shack down over 10%. CEO Julian Day plans to retire as chairman, chief executive officer around May 16, 2011, on or about the scheduled shareholders meeting. And Rock Tenn will buy packing from Smurfit Stone Container.
U.S. stock futures traded flat to slightly higher at the start of a week featuring dozens of major earnings reports, as well as a Federal Reserve statement and a slew of macroeconomic data.
Stocks closed mixed as strong results out of General Electric gave a lift to the broader market, while weakness among technology stocks, despite some stellar earnings reports, dragged down the Nasdaq. GE and AmEx rose, while BofA fell.
Stocks continued to trade mixed as strong results out of General Electric gave a lift to the broader market, while weakness among technology stocks, despite some stellar earnings reports, dragged down the Nasdaq. GE and Disney rose, while BofA fell.
Stocks declined as investors digested a mixed employment report and turned their attention to next week's earnings season.
Stocks eased losses ahead of the close, but were on course to end a six-week winning streak, as investors digested a mixed employment report and turned their attention to next week's earnings season. JPMorgan and Travelers fell, while Pfizer rose.
Investors tend to use the first week of the year to rebalance their portfolios from last year’s winners, said Jerry Castellini, president and CIO of CastleArk Management, and Wayne Kaufman, chief market analyst at John Thomas Financial.
Stocks ended mixed as the Dow's rally skidded to a halt as retailers reported weaker-than-expected December sales. Verizon and Travelers slid, while Microsoft gained.
Stocks traded mixed Thursday as technology stocks rose and retailers skidded following weaker-than-expected December sales. Verizon skidded, while Microsoft gained.
Stocks turned mixed as retail stocks skidded on news of weaker-than-expected December sales. Verizon and AT&T fell, while Boeing rose.
U.S. stock index futures eased slightly, but remained higher, after jobless claims came in largely as expected.
Stocks ended slightly down from Wednesday's record high levels, shrugging off news of economic strength from several economic reports. AmEx fell, while Alcoa rose.
Stocks stumbled from their record highs Thursday despite a handful of upbeat economic reports, although trading remained light in the final sessions of the year. AmEx fell, while Alcoa rose.
Stocks traded slightly down from record highs despite a batch of positive economic reports, including a surprising jump in pending home sales and a burst in Midwest manufacturing activity. AmEx fell, while Intel rose.
Stocks traded mixed ahead in lackluster trading, although the S&P 500 and the Nasdaq hit new two-year highs on thin gains amid a lack of economic news. Alcoa and 3M rose, while American Express fell.
Stocks traded narrowly mixed amid thin trading and a lack of economic news as stocks struggled to move beyond recent highs. 3M and Alcoa rose, while AmEx fell.