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U.S. markets are up on strong earnings from Intel and Halliburton but investors are trading cautiously as they await a busy week which includes a Federal Reserve meeting and the State of the Union address.On Friday, investors will receive the government’s first outlook for fourth-quarter economic growth.
European stocks were led lower by a major drop in shares of Phillips Electronics after it missed earnings expectations.
Crude dropped as the euro moved away from a two-month high.
- DOW up 0.56%
- Nasdaq up 0.79%
- S&P up 0.47%
- CAC up 0.45%
- FTSE up 1.04%
- DAX up 0.04%
BIG LOSER: Llyods Banking Group down with other European banks on Prime Minister news out of Ireland
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