With the busiest day of earnings reports yet and Bernanke's testimony on Capitol Hill, investors will have plenty of news thrown at them today. As of this writing, futures on the Dow Jones Industrial Average
Are we there yet?
Like children in the backseat on a long road trip to Stimulus Land, investors are asking, "Are we there yet?" Following Ben Bernanke's testimony on Capitol Hill, we'll likely receive the same answer we got following the Fed's meeting last month and the minutes released last week: "No." However, with retail sales coming in worse than expected and economists taking their GDP growth estimates to the chopping block, it's possible that the ever-important "tone" from the Fed chairman could become a tad more accommodative. Testimony begins at 10 a.m. EDT this morning and continues again tomorrow.
Earnings season accelerates
In this earnings season's busiest day yet, investors will receive a number of announcements, including morning releases from Dow components Johnson & Johnson and Coca-Cola, as well as a post-market release from Intel. Outside the Dow, notable reports will come from the likes of Goldman Sachs and Yahoo!
Their end markets are different, but recent news out of Alcatel-Lucent
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