Stocks Slip On Inauguration Eve; Netflix, T-Mobile Hit Fresh Highs
Major indexes closed lower on the eve of Inauguration Day. American Express (AXP), IBM (IBM) and Skyworks Solutions (SWKS) all reported late Thursday. Meanwhile, one analyst sees an Apple (AAPL) iPhone "supercycle" coming, and Netflix (NFLX) and T-Mobile US (TMUS) both hit new highs.