Market Update & Earnings Ahead

Stocks have moved up to afternoon highs as they enter the final hour of the session. Overall gains are only modest, though.

So far this week market participants have gone without any data to trade on, but tomorrow brings the latest weekly initial jobless claims count. The European Central Bank and the Bank of England are also expected to make announcements regarding their respective monetary policies.

After the close, Akamai Tech (AKAM 34.28, +0.63), News Corp (NWSA 19.57, +0.07), Prudential (PRU 60.11, -0.32), Visa (V 107.75, +0.77), Whole Foods (WFM 77.87, +2.07), and Dow component Cisco (CSCO 20.32, +0.11) are slated to announce earnings results. PepsiCo (PEP 66.76, +0.00) reports tomorrow morning. DJ30 +4.12 NASDAQ +10.43 SP500 +2.63 NASDAQ Adv/Vol/Dec 1260/1.39 bln/1220 NYSE Adv/Vol/Dec 1545/465 mln/1415

Market Update