The Financial Index is Daily Capital’s roundup of our Editor’s Picks for the day – featured trends and market analysis from around the Web.
The Motley Fool — Superstores continue to suffer under the current economic landscape. Barnes and Noble, Sears, Best Buy and others struggle as online superstores like Amazon pull their business away.
The Motley Fool — Spoiler alert! IBM makes up 11 percent of the Dow and influences many other tech companies. Chevron (CVX) is outpacing Exxon, and Caterpillar (CAT) shares just reached over $100. As for the fourth, here’s a hint: I’m lovin’ it.
AP — The Dow was down this morning due to more disappointing earnings reports and unpleasant rumors surrounding the Euro. Major bank stocks saw losses across the board as JPMorgan missed their earnings mark for the first time in four years.
Investor’s Business Daily — Stocks closed in the red Friday but were up for the week. U.S. markets will be closed Monday for Martin Luther King Day, and Tuesday will bring quarterly earnings reports from Citigroup (C) and Wells Fargo (WFC).
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