The street continues to be in a tug of war. On one hand you have China and European growth concerns. The EU seems unable to get a lasting solution for their sovereign debt crisis. The flipside is earnings season here stateside. The lowered bar of expectations has helped numerous companies beat expectations.
After the worst week of 2012 last week, the domestic markets are looking to recover some of the ground lost. Economic data points slated for release this week include retail sales numbers and industrial-production figures. [Read more...]