Apple (AAPL) stock update: Trading could be quiet today, investors wait for latest round of earnings

NEW YORK -- Trading could be quiet Monday, as investors wait for the latest round of corporate earnings to begin in earnest.

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Goldman Sachs and JPMorgan are due to report their results Wednesday, while Intel, Bank of America and General Electric are up later in the week.

S&P 500 companies are expected to report overall earnings growth of 2.4% for the last three months of 2012, according to FactSet Research. That's better than the 1% decline in the third quarter. But excluding the financial sector, earnings growth for S&P 500 companies is expected to be just 0.2%.

U.S. stock futures were up slightly ahead of Monday's opening bell.

Glass and industrial coatings producer PPG Industries reports its quarterly results Monday morning. At 4 p.m. ET, Federal Reserve chairman Ben Bernanke is scheduled to give a speech at the University of Michigan.

U.S. stocks finished little changed Friday, a day after the S&P 500 closed at a 5-year high, as investors digested earnings from Wells Fargo and a fresh batch of economic data.

Fear & Greed Index

European markets were mixed in morning trading, with the FTSE 100 flat and the DAX and CAC 40 gaining. Asian markets ended higher.

The Shanghai Composite added 3.1% after a government official hinted that foreign investment in China's capital markets could be allowed to expand dramatically. Meanwhile, the Hang Seng added 0.6% and the Tokyo Stock Exchange was closed for a holiday.

 


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