Earnings Report

This week is set to be the busiest for quarterly earnings reports this season.

The manufacturing conglomerate's shares rose 4.8% as it reported free cash flow from industrial operations of $4.37 billion, GE said.

The Nasdaq Composite soared to a record high ahead of a busy week for tech earnings.

Overall, more than a fifth of the S&P 500 and a third of the Dow Jones Industrial Average are expected to provide their quarterly updates starting Monday.

The computer chipmaker blamed an internal error for a data leak that prompted it to release a quarterly earnings report early.

U.S. equity markets pulled back from record highs led by Intel and IBM after disappointing earnings.

The big number in the U.S. that traders will be watching will be existing home sales for December

Strong demand for deliveries of shipping containers were up 11%, helped offset weakness in nearly every other category of freight

IBM expects to return to revenue growth this year, even as corporate customers' focus on preserving cash during the coronavirus pandemic drove a 4.6% revenue decline in 2020.

A slew of earnings and economic reports may shape the direction of the trading day

Earnings reports will include results from UnitedHealth, Procter & Gamble and Morgan Stanley

The streaming giant exceeded its fourth quarter projections, reporting 8.5 million paid net additions for a full year record total of 37 million paid memberships, a 31% increase compared to 28 million paid net adds in 2019.