U.S. equities are back in the green
U.S. equities are back in the green after a rash of financial earnings reports to kick off the season. An uptick in core CPI and decent retail sales figures in December left little lasting imprint -- The 2-year T-note yield crossed 2.0% for the first time since the financial crisis in 2008. The Dow is 102-points higher, S&P gained 4-points and NASDAQ is off 12-points after Facebook changes were announced ahead of the opening bell. Price action was mixed overseas, with Japan's Nikkei down 0.24%, while China's CSI 300 gained 0.46%. In Europe, the Euro Stoxx 50 is up 0.17%, but the German DAX is off 0.14%. JP Morgan beat, but took a $143 M charge for SA retailer Steinhoff amid plunging sales and trading revenues. Wells Fargo gained after a one-time $3.35 B tax benefit from the tax law changes. Facebook announced major changes to its news feeds favoring friends and family over commercial brands that Zuckerberg confirmed could lower engagement. On tap next are business inventors and Fedspeak from Philly Fed's Harker.