Reports surface Germany's Hypo Real Estate may have failed the European stress test
Stocks finished the session off their best levels, but still modestly higher with the Dow closing up close to 55 points. Markets opened higher following a stronger-than-expected earnings report from Halliburton.
After a brief pop on the open, stocks pulled back to the flat line following the National Homebuilders Association Index that came in at a 14 reading, below the expected 16 mark.
There are 17 companies scheduled to report results tonight, with key reports from International Business Machines (IBM 129.88, +1.85), Texas Instruments (TXN 25.55, +0.78) and Steel Dynamics (STLD 13.99, -0.22) due out after the bell.