U.S. Markets closed

Stocks reverse higher in choppy trade; Copper flashes a warning sign

After the worst week since 2011—and the worst start to a year ever—stocks reversed higher into the close, but barely. The big question for investors is whether anything has really changed to reverse the trend.

Oil hit a 12-year low, slipping below $32 barrel. The commodity has been slammed with global demand down and the dollar appreciating.

Copper flashing a warning sign

As the market selloff in China deepens, it seems there may have been warning signs in copper, with prices hitting a six-year low. Since China consumes 45% of the world's copper supply, will copper prices cause more trouble for China? Yahoo Finance's Justine Underhill has a closer look at the connection.

The business of college sports

Perennial favorite Alabama is taking on the number-one ranked Clemson Tigers in tonight's college football championship. But regardless of who is crowned champion, is Nike the real winner? Yahoo Finance writer Dan Roberts broke it down.

Looking ahead

  • President Barack Obama delivers the 2016 State of the Union Address—his last—focusing on, "the challenges and opportunities that will impact the U.S. for generations to come." Many believe the president will take unilateral action to close the Guantanamo Bay detention facility.
  • More Fed talking heads, starting with vice chair Stanley Fischer's speech on monetary policy at the Banque de France conference in Paris. And Richmond Federal Reserve Bank president Jeffrey Lacker will discuss his economic outlook in Columbia, South Carolina.
  • Finally, turning back to sports and business, the NFL holds a special meeting to review applications from the St Louis Rams, Oakland Raiders, and San Diego Chargers to relocate to Los Angeles for the 2016 season. An affirmative vote from 24 out of the 32 NFL teams is needed for approval to move.