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


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.
Comments (1)
  • Tony Petroski
    , contributor
    Comments (6356) | Send Message
     
    "...but the low bar could set the stage for stock gains later on."

     

    (My side is being embarressed)

     

    (We think the road to prosperity is to tax billionaires and trillionaires and the market is rallying on taxing millionaires and billionaires)

     

    What gives?
    8 Jan 2013, 04:17 PM Reply Like
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