S&P, Dow open higher as bank shares rise

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Shares of JP Morgan rose 1.1 percent, helping lift the S&P financial index up 0.6 percent, after its fourth-quarter profit beat estimates.

The Russell 2000 is up 56.46 points, or 3.7 percent. In fact, the roughly 4.3% rise for the Dow Jones Industrial Average and more than 4% rise for the S&P 500 index so far in 2018, represent the best start to a year since 2003, according to WSJ Market Data Group.

Earnings from big banks were mixed, with JPMorgan Chase rising 1.7 percent after beating expectations, even as profits were hit by one-time effects of the tax law changes. The Nasdaq Composite dropped 6.13 points, or 0.08 percent, to 7,205.65.

Intel responds to claims of chips having security flaw
Even cell phones and other devices are at risk. " Meltdown " is the other potential problem and only affects Intel products. Amazon and Microsoft echoed Google's comments, claiming their cloud computing customers won't see reduced speeds.

Another data showed USA consumer prices recorded their biggest rise in 11 months in December on gains in the cost of rental accommodations and healthcare, bolstering expectations that inflation will accelerate this year.

The S&P 500 is up 43.09 points, or 1.6 percent.

Sales at online retailers soared 1.2 percent in December.

Trump denies he used vulgarity about Africa
So, our history here with the United States goes back a long, long, long way. "Why do we need more Haitians". Ambassadors unanimously agreed the resolution after an emergency session to weigh Trump's remarks.

Amazon rose 1.89 percent to breach $1,300 for the first time, while Home Depot rose 1 percent and Walmart 0.6 percent.

But Facebook sank 4.5 percent after announcing a plan to update its newsfeed to emphasize posts from friends and family over other content.

Advancing issues outnumbered decliners on the NYSE by 1,474 to 1,376.

House committee gets access to long-sought Trump dossier records
One thing is certain: this story is only just beginning. "The dossier is unquestionably real news", he wrote . Fusion GPS is the political intelligence firm which compiled the infamous Trump dossier.

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