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Stocks are trading higher today as the market is hoping President Obama can deliver with his jobs speech and the EU got the green light on its bailout strategy from Germany's supreme court.

Yahoo! may not be the web darling that it once was, but it does own a large stake in one of the most promising tech companies in China. Jim Trippon is keeping a close eye on how this gem will play out.

The tech sector was mixed today and largely independent of the broader market drivers. A potential acquisition offer for Yahoo and subscriber losses for Netflix were among the big drivers in the sector today.

Some stocks that have been long out of investor favor, including AOL and NFLX both gained ground on respective announcements today. Chip companies were higher across the board as technical levels inspired buying.