There was a renewed sense of optimism today on Wall Street with the Dow crossing above 14,000, despite signs of weakness in the housing sector.
The NAHB/Wells Fargo Housing Market index showed a drop in U.S. home builder confidence, down to 46 in February, while economists were expecting a reading of 48.
Shares of Google (NASDAQ:GOOG) hit new highs, soaring to over $800 a share, following reports of possible retail stores in the future.
On the earnings front, Express Scripts (ESRX) posted better than expected earnings and revenue, thanks to in part to the acquisition of Medco Health Solutions last year in a deal worth $29 billion. Shares of the pharmacy benefit manager are trading sharply higher today.
Tomorrow, we'll take a look at the numbers for housing starts as well as earnings from Devon Energy (NYSE:DVN).
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