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Tech and bank earnings in spotlight

Stocks have shrugged off economic reports lately, looking instead to this week's results from big names in the innovation and financial industries.

S&P 500 revenues are expected to have climbed 31.8% in the fourth quarter of 2010, according to revenues tracker Thomson Reuters. S&P companies' earnings are expected to have risen 6%.

"Banks are going to make a fortune," Springer said. Several research companies, including Apple, Google and IBM will as well report this week. Springer notes these reports could give some insight into business spending.

A multi-state investigation into Johnson & Johnson over itshandling of drug recalls is in accordance with way, should the contingency arise to Oregon's lawsuit filed Wednesday. More

The number of businesses sold rose 3% in 2010

The number of businesses sold rose 3% in 2010, according to online marketplace BizBuySell.com, during the median price fell 6.3%. More

More information: Cnn