The markets are pulling back slightly today as JPMorgan Chase reported earnings this morning. Those earnings were not as good as Wall Street had hoped. While earnings were not great, the market is still holding on to major hope that a recapitalization plan in Europe will save the world. While nothing has been inked, the markets are willing to buy the hype. Today, after the markets close, Google Inc. will report earnings. This will be major for the technology sector. As of now, the NASDAQ is higher on the day while the Dow Jones Industrial Average and S&P 500 are lower. Google, Apple and Amazon are all strong. While earnings are important, Europe still takes the cake.
