Stocks Mixed, But S&P 500 Hits Five-Year High
The optionsXpress Equity Team said Thursday was "a win" for bulls, but that financials are in "a different boat. With the banks having mixed results, it looks like this sector could be in for a bit of a consolidation."
Gold for February delivery was down $3.80 to settle at $1,687 an ounce at the Comex division of the New York Mercantile Exchange, while February crude oil futures added 7 cents Friday to close at $95.56.
The benchmark 10-year Treasury was up 11/32 to dilute the yield to 1.844%. The dollar jumped 0.41%, according to the U.S. dollar index.
Capital One Financial( COF) shares tumbled 7.5% after the company Thursday reported fourth-quarter net income available to common stockholders of $825 million, or $1.41 a share, missing analysts' consensus estimate of $1.59 a share.
Johnson Controls(JCI) shares slumped 3% after the company reported a profit decline and gave a downbeat outlook.
American Greetings(AM) popped 5.2% after CEO Zev Weiss sweetened his buyout bid for the company to $17.50 a share from $17.18 a share.
Research In Motion(RIMM) shares jumped 6.2% after the stock was upgraded to buy from hold at Jefferies.
Netflix(NFLX) shares were upgraded to "buy" from "neutral" at Janney Capital. Shares increased 1.5%.
Visa(V) was downgraded to "neutral" from "outperform" at Robert W. Baird. Shares were down 1%.
-- Written by Andrea Tse and Joe Deaux in New York.
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