Look for earnings to power stocks higher again this week
The blues chips have their best close since June 2008. Gold's finish is a record, and silver jumps above $46. General Electric, Verizon and McDonald's results don't impress. Biogen Idec says a multiple-sclerosis drug has promise.
Stocks move higher as improving consumer moods offset higher consumer prices. Gold nears $1,500; oil tops $109. Google's new CEO underwhelms analysts. Cirrus Logic has a problem.
We're in an absurdist moment now as the market swings too far against everything.
It's a monster week for earnings, with Apple, Intel, Citigroup, Wells Fargo, Chipotle Grill and Goldman Sachs among companies set to report. Data on leading indicators and existing-home sales also are due.
Shares drop more than 5% after hours as operating expenses jump. The Dow ends with a small gain, led by Coca-Cola, Kraft and Merck. Crude oil tops $108 a barrel. Fears of lower PC sales hit tech stocks. Supervalu shares soar.
After leading the market for months, oil and gas stocks plummet as energy prices cool. Risky assets are following them down. But aren't lower energy prices a good thing?
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The company complains after the son of Florida State's football coach is televised wearing -- gasp -- Under Armour.
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.
Shopping at Costco saves money, even after paying the $55 membership fee, but comes at the price of buying in bulk and limited selection.
Six weeks later, most Americans have forgotten about the 2014 tax season -- except those who didn't file by the April 15 deadline.
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