Stocks Fall, ECB Injects $500B

U.S. stocks are slightly lower, adding further losses to what was already the biggest two-day decline in more than a month. The ECB injected more than $500 billion into the banking system in an effort to ease problems in the credit market. The BoE offered $20 billion to U.K. based banks.

Goldman Sachs (GS | Quote | Chart | News | PowerRating) reported a rise in Q4 profit which beat estimates (read more).

Best Buy (BBY | Quote | Chart | News | PowerRating) reported Q3 earnings that also beat expectations, and raised its full-year outlook (read more).

Shares of Adobe Systems (ADBE | Quote | Chart | News | PowerRating) are trading higher after the company reported higher Q4 profit, raised Q1 guidance, and approved the buyback of an additional 30 million shares (read more).

Crude oil is up almost 1%, currently trading at $91.46 per barrel.