Monday, January 23 Market Recap

MONDAY(DJIA -12) 25% of the S&P500 has now reported Q4 earnings. 47% beat expectations, 22% were in-line, and 31% missed – a little bit disappointing so far. This week will be the busiest reporting week. Greece seems to be getting closer to reaching agreement on haircutting its debt with private investors. It seems they are still haggling over the interest rate Greece will have to pay from now on.