On Tuesday, January 24, investors await a host of quarterly earnings reports. Verizon Communications (VZ) is expected to release earnings of $0.89 a share on sales of $32.09 billion. During the same quarter a year ago, Verizon also posted earnings of $0.89 a share on revenue of $34.25 billion. Investors will also be looking for any details on the company's pending acquisition of Yahoo! (YHOO) . Lockheed Martin (LMT) , Johnson & Johnson (JNJ) and 3M Company (MMM) also release earnings on Tuesday. As for economic data, the PMI Manufacturing Index for January is out at 9:45 a.m. EST, while existing home sales for December are out at 10 a.m. TheStreet's Scott Gamm reports from Wall Street.
More from Video
Breaking down an approach to the long side of this biotech stock.
AMSC CEO discusses that and China challenges.
One of pharma's biggest CEO's talks M&A action on the exchange.
Citi overcame a mixed print to send its stock surging on Monday.