Yahoo Finance's LIVE stock market coverage and analysis.
Alan Valdes, director of floor operations at Silverbear Capital, joins Yahoo Finance's Alexis Christoforous from the floor of the New York Stock Exchange to discuss.
The Standard & Poor’s 500 index rose 0.5% to 2472.54 last week, while the Nasdaq Composite gained 1.2% to 6387.75. “Earnings season gives us something tangible to evaluate,” says Edward Perkin, chief equity investment officer at Eaton Vance Management. Some 97 S&P-500 companies have reported second-quarter earnings so far, and 74% have topped analyst expectations, according to Thomson Reuters I/B/E/S, above the four-quarter average of 71%.