Housing starts hit a 4-year high, cheering investors. But the Dow and Nasdaq muster only small gains because of weakness in IBM and Intel. Apollo shares sag on earnings warning. Nike ends ties with Lance Armstrong. Oil, gold move up.
The Fed chairman is worried about Europe and the 'fiscal cliff' but avoids saying how the central bank may boost the economy. Mattel and Coca-Cola lead a rebound from an early pullback. Intel shares rise on 2nd-quarter results. Crude oil rises.
Big Blue and Intel represent most of the Dow's decline. Qualcomm and American Express results don't move investors. Berkshire Hathaway dips after Warren Buffett says he has cancer. Crude oil and gold move lower.
IBM earnings are a touch less than expected. Intel's report prompts profit-taking. The major averages enjoy their best day in a month. Apple moves above $600. The IMF sees fragile growth in 2012. Warren Buffett has prostate cancer.
Concern that Spain could default on its debt may negate what should be a decent week for earnings. Companies reporting include Coca-Cola, Citigroup, IBM, Intel, Kimberly-Clark, Microsoft and GE. Also due is the March report on housing starts.
IBM, Intel and Microsoft power the blue chips and the S&P 500 Index higher. Google's earnings miss holds the Nasdaq back. Existing-home sales rose in December. Crude oil drops below $100; gold rallies.
The search giant misses estimates, but investors like earnings from IBM, Intel and Microsoft. The Dow gains 45. Bank of America's earnings cheer Wall Street. Jobless claims fall nearly to a 4-year low. F5 Networks earnings send shares soaring.
VIDEO ON MSN MONEY
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
If you worry about money after the streetlights come on, these actions may help you rest easier.
Six weeks later, most Americans have forgotten about the 2014 tax season -- except those who didn't file by the April 15 deadline.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'