Wall Street Recap

By CBS News

Published 01/20 2014 05:09AM

Updated 01/20 2014 05:10AM

MarketWatch for Monday, January 13, 2014

If you're keeping on top of the stock markets this morning, Monday, January 13, 2014...

The Nikkei is down 93 percent today in Tokyo.
On Wall Street, the Dow rose 41 on Friday.
And the Nasdaq fell 21.


Traders will have plenty of reports to react to when the stock market reopens Tuesday. Expect earnings this week from companies including Delta, IBM, Verizon, Netflix, Microsoft and Procter and Gamble.

It's a light week on the economic calendar. We'll get the latest on unemployment claims and home prices.

Business and political leaders gather in the Swiss ski resort of Davos this week. Ahead of the gathering, the world economic forum released a report that suggests the growing gap between the rich and the poor is most likely the biggest threat to the global economy in the coming years.

Venture capitalists poured more money into more deals late last year.  Funding for U.S. startups increased 20 percent in the fourth quarter. To top $8.3 billion.  Software companies received the most money, with biotech a distant second.

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