Market Reflections 7/22/2009

A rush of earnings Wednesday followed the second-quarter theme -- more favorable than expected. But the results, led by Apple and Starbucks, weren't enough to move the market where the S&P 500 was little changed, ending just below 955. Most markets were little changed including the dollar index which ended fractionally lower at 78.74. Oil ended above $65 with gold above $950. A second day of testimony from Ben Bernanke was uneventful though the chairman stressed that unemployment is the Fed's biggest concern