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S&P Jumps 2.7% in Holiday-Shortened Week

FOX Business: Capitalism Lives HereThe broad S&P 500 zipped higher by 2.7% in a holiday-shortened trading week as traders leapt back into equities. Today's MarketsAccording to preliminary calculations, the Dow Jones Industrial Average fell 14.4 points, or 0.09%, to 16410, the S&P 500 rose 2.6 points, or 0.14%, to 1865 and the Nasdaq Composite advanced 9.3 points, or 0.23%, to 4096.Earnings season is kicking into high gear, meaning corporate news has stolen the Street's attention. IBM (NYSE:IBM), one of the world's biggest technology companies, saw its quarterly revenues take a worse-than-expected slump to a five-year low. Shares of Big Blue fell more than 4%, and are expected to weight on the Dow. Goldman Sachs (NYSE:GS), the biggest U.S. investment bank, revealed a big beat on the top and bottom lines. Search giant Google (NASDAQ:GOOG) weighed in with a quarterly miss, sending its shares slumping more than 2%. Looking elsewhere in the finance sector, credit card behemoth American Expr...

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