equity market

European stocks markets rose modestly today as speculation of a pickup in corporate dealmaking helped offset earlier losses in Asia while Wall Street was to remain closed for the Martin Luther King public holiday.
With Wall Street closed later to commemorate the life of the civil rights leader and economic news limited, investors think the rest of the session will prove to be lackluster.
When Wall Street returns on Tuesday, the focus will turn towards the next batch of fourth quarter corporate earnings figures, including those from Citigroup Inc. and IBM Corp.

Buffalo Micro Cap Fund is finding cheap stocks despite the market's 20% gain this year, according to John Bichelmeyer, co-manager. The fund has risen 39% this year, beating 90% of its Morningstar peers. It was not so successful long-term, losing 3.7% annually, on average, during the past five years.
Here are the answers of America's top mutual fund managers on TheStreet.com's Fund Manager Five Spot, where they give their best stock picks in fast and furious questions.