News Snapshot:
After a frenetic couple of weeks for investors, the first full week of February offers a bit of a cool-down for both the earnings and economic calendars. Two-thirds of the Dow industrial stocks have already reported, with Disney stock due in the coming week and Caterpillar (CAT), McDonald's (MCD) and Amgen (AMGN) also set to report. A number of non-Dow blue chips including Ford (F) and Eli Lilly (LLY), are also set to report. The market outlook remains cautiously optimistic, with the Nasdaq extended more than 5% above its 50-day moving average and six distribution days stacked against the S&P...