U.S. stock futures remain mostly higher on Thursday as markets assess President Barack Obama’s State of the Union address, while upbeat results from Ford Motor Co. and others also contribute to a positive tone. See full story.
Obama stresses jobs in State of the Union speech
Speaking in a high-stakes policy address, President Barack Obama uses his first State of the Union speech to call for a host of job creation measures and a redoubled effort to finish health-care reform in the midst of a newly challenging political environment for him and his party. See full story.
What's in Obama's middle-class plan for you?
President Obama’s proposed initiatives aimed at bringing peace of mind back to middle- and low-income earners won’t do much to stimulate the economy and in general don’t help the unemployed but could represent a tiny beacon for many struggling Americans in this recessionary storm. See full story.
Durable goods orders rise 0.3% in December
Demand for U.S.-made durable goods rose in December for the first time since September, led by strong orders for metals, machinery and capital equipment, the Commerce Department estimates. See full story.
Thursday's biggest gaining and declining stocks
Stocks expected to move significantly in trading on Thursday include AT&T, Bristol-Myers Squibb, Colgate-Palmolive, Eastman Kodak, Ford, Eli Lilly, Netflix, Nokia, Occidental Petroleum, P&G, Textron and 3M. See full story.
Finally, a new Silicon Valley scandal worthy of screaming headlines in the New York Post. See full story.
MARKETWATCH PERSONAL FINANCE
Bitten by the bear one too many times and uncertain about their jobs and the economy, investors have avoided stocks even after the market’s rapid ascent. Indeed, the market’s strong rebound over the past 10 months only makes many sidelined buyers more afraid to get on board, and the sell-off last week likely exacerbated those fears. Their mantra: We won’t get fooled again.