HOUSING BOOST: A report that showed housing starts climbed at the fastest pace since December 2008 made investors bullish about the economy and gave stocks an early boost. The Standard & Poor's 500 posted another five-year high.
BIG BANKS DISAPPOINT: The rally was held back by earnings reports from two of the country's biggest banks. Both Citigroup and Bank of America fell after disappointing the market with their fourth-quarter earnings reports.
BILLBOARD REIT: CBS surged after the media company said late Wednesday that it was converting its U.S. outdoor advertising business to a real estate investment trust and selling the international portion of the business. That prompted Deutsche Bank analysts to lift their target price on the stock.
Despite Recommendations, Diplomatic Security Levels Still Not Improved Post-Benghazi | Katie Pavlich