Sharp drop in telecoms offset gains in health care.
Markets notched 2nd straight day of gains.
Overall profits on track to snap 4-quarter streak of declines.
Companies that rely on consumer spending also lost ground; Dow drops 51.98 points.
Financial shares lead Wall Street to modest gains.
Afternoon trading, oil prices provide slight recovery.
U.S. stocks make small gains today.
Dismal corporate reports gave sour tone to start of earnings season.
Price at 15-month high; Samsung’s troubles help Apple stock.
City finance director says ratings are a good sign of the city’s financial status.