News Summary: Pfizer earnings help push Dow higher

Published on NewsOK Modified: January 29, 2013 at 3:53 pm •  Published: January 29, 2013

BIG PHARMA: Pfizer gave the Dow a lift, after the company's stock rose following a strong earnings report. That helped push the index closer to 14,000. Eli Lilly, another drugmaker, also gained after its earnings beat analysts' expectations.

MOMENTUM: The Dow Jones industrial average has gained seven of the last eight days. The S&P 500 has closed higher nine out the past 10 sessions.

SCORECARD: Analysts currently expect earnings for S&P 500 companies to improve by an average of 4.7 percent for the fourth quarter of 2012, according to S&P Capital IQ data. That's an improvement on the previous quarter, when earnings grew 2.4 percent.

Trending Now


  1. 1
    10 Most Popular Wedding 'First Dance' Songs
  2. 2
    Psychologists Studied the Most Uptight States in America, and Found a Striking Pattern
  3. 3
    Facebook Post Saves Drowning Teen
  4. 4
    Saturday's front page of the New York Times sports section is simple: LeBron James and transactions
  5. 5
    The 19th-century health scare that told women to worry about "bicycle face"
+ show more