Video: Profit Worries Offset Obama Plan

Wall Street began the first trading week of the year with worries about what the year will hold for corporate profits. Those concerns offset optimism that President-elect Barack Obama was planning to ask for $310 billion in tax cuts as part of a massive stimulus plan. Apple's Steve Jobs announced his intention to stay on as CEO despite speculation about his health. Conway Gittens reports from New York.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.