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5 Things You Need to Know Before the Stock Market Opens

BOSTON ( TheStreet) -- More questions over a resolution to Greece's debt talks lead your quick fix of company, market, economic and investing news for Monday, Feb. 6.

Monday's 5 Biggest Stories

Stop me if you've heard this one before: Greek Prime Minister Lucas Papademos has struck a deal for more austerity measures in order to secure a rescue package. Bloomberg

Meanwhile, leaders in Greece are reluctant to bring about more austerity, especially with elections coming. BBC

All of these European problems could be a headache for China. The IMF thinks so, and it cut its forecast for China's economic growth. MarketWatch

The EU may ease the rules on the capital that banks will have to hold against sovereign debt. This plan sounds like a winner. Bloomberg

It seems regulators and five big banks are close to wrapping up a multi-billion deal over foreclosures to finally settle probes. WSJ

Company News

Citigroup (C - Get Report) will start issuing credit cards on its own in China. Reuters

Humana (HUM - Get Report) posts a profit and raises its 2012 outlook. MarketWatch

General Motors (GM - Get Report) wants to make $10 billion a year after getting bailed out only three years ago. WSJ


In positive European news, Germany's manufacturing orders rose above expectations in December. Nasdaq

The rally in garbage stocks makes it hard to trust the broader move higher. Dynamic Hedge

Speaking of small-cap stocks, it looks like ETFs are having a big impact on trading. WSJ

Investment Strategy

In the off chance Europe improves, investors might want to check out these ETFs. MarketWatch

Here's why holding cash is a smart move in this market. Pragmatic Capitalism

Odds and Ends

Automakers won big with commercials during the Super Bowl. Reuters

The Giants beat the Patriots to win Super Bowl XLVI. Here's a Kiss for New Yorkers to enjoy today. YouTube

-- Written by Robert Holmes in Boston.

>To contact the writer of this article, click here: Robert Holmes.

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Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

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C $53.07 0.00%
GM $36.64 0.00%
HUM $177.48 0.00%
AAPL $124.75 0.00%
FB $80.78 0.00%


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