News Snapshot:
The stock market started the shortened trading week mixed Tuesday. Investors are cautiously positive and sitting on high levels of cash, as earnings start to trickle in. Big bank earnings varied with different results from two big leaders. Dow component Travelers (TRV) took big losses after winter storms. X The January Empire State manufacturing index came in at a dismal -32.9 vs. -8.1 after December's -11.2 reading. The low number flashes a recessionary sign. The New York Fed surveys around 200 New York manufacturing executives about how busy they are, their views of the future, commodity prices and their input...
