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MarketWatch for Monday, October 14, 2013

If you're keeping on top of the stock markets this morning, Monday, October 14, 2013...
If you're keeping on top of the stock markets this morning,  Monday, October 14, 2013...

The Nikkei gained 210 points today in trading in Tokyo.
On Wall Street, the Dow jumped 111 points by the close of trading Friday, snapping a two week losing streak.
And the Nasdaq added 31.


Earnings reports kick into higher gear this week. Expect profit report cards from banks including Citigroup and Bank of America and tech giants Yahoo, IBM and eBay. Analysts beleive profits for companies in the S&P 500 probably increased 1.4 percent last quarter while sales rose 2 percent.

The U.S. is expected to  become the world's largest oil producer next year overtaking Russia, thanks to the American shale oil boom. The International Energy Agency estimates U.S. production of oil and natural gas liquids will exceed 11 million barrels a day, making it the biggest producer outside of OPEC, by next spring.

Google wants your permission to use your name and face in ads that it sells to businesses. Your reviews of restaurants and products, as well as songs and other content bought on the Google play store could show up in ads that are displayed to your friends and connections when they search on google. The policy goes into effect Nov. 11th, but users can opt out.

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