Market recap: Stocks slipped for a second straight day ahead of what is expected to be a...

|By:, SA News Editor
Market recap: Stocks slipped for a second straight day ahead of what is expected to be a weak earnings season. S&P 500 firms are expected to post meager earnings growth of ~2.8%, but the low bar could set the stage for stock gains later on. Telecoms were underperformers, even as AT&T reported selling 10M-plus smartphones in Q4; materials moved higher, supported by Monsanto's strong quarter.