The market managed slim gains as investors weighed recent worries and the likelihood of Federal Reserve Chairman Ben Bernanke serving for a second term. After the close, Apple reported quarterly earnings and revenue that topped estimates, thanks to strong sales of iPhones. Shares rose 1% after-hours. The market is bound to walk a narrow path this week, especially through Wednesday,which brings the conclusion of the Fed meeting and the president's speech.
Tuesday, January 26, 2010
Found support
The market managed slim gains as investors weighed recent worries and the likelihood of Federal Reserve Chairman Ben Bernanke serving for a second term. After the close, Apple reported quarterly earnings and revenue that topped estimates, thanks to strong sales of iPhones. Shares rose 1% after-hours. The market is bound to walk a narrow path this week, especially through Wednesday,which brings the conclusion of the Fed meeting and the president's speech.
