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Daily Market Wrap: January 22, 2013
Tuesday, January 22, 4:13 PM ET

It was a mixed day of trading on Wall Street after a disappointing economic report from the housing sector.

The National Association of Realtors is reporting a one percent drop in existing home sales in December, to a seasonally adjusted annual rate of 4.94 million units, as fewer properties went on the market.

On the earnings front, Johnson and Johnson (NYSE:JNJ) beat profit expectations but the company is forecasting 2013 earnings below expectations, sending shares lower today.

Fellow Dow component DuPont (NYSE:DD) also reported better-than-expected fourth quarter earnings, thanks to increased demand for plastics used in autos.

Travelers (NYSE:TRV) said net income declined in the fourth quarter due to the effects of Hurricane Sandy. While earnings were better than Wall Street expectations, revenue fell short.

Tomorrow, we'll take a look at the numbers for weekly mortgage numbers as well as earnings from McDonald's (NYSE:MCD) and Coach (NYSE:COH).

For Marketnewsvideo.com, I'm Sayoko Murase.

Daily Market Wrap: January 22, 2013 picture
Wednesday 10/22 Insider Buying Report: HBAN, BPFHWednesday 10/22 Insider Buying Report: HBAN, BPFH
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Related symbols: SIX,FUN,VOXX,HGG
Wednesday Sector Laggards: Precious Metals, Oil & Gas Exploration & Production StocksWednesday Sector Laggards: Precious Metals, Oil & Gas Exploration & Production Stocks
Related symbols: CDE,AAU,FST,GDP
Tuesday Sector Laggards: Metals & Mining, Education & Training ServicesTuesday Sector Laggards: Metals & Mining, Education & Training Services
Related symbols: RNO,SCOK,ESI,EDMC
Wednesday's ETF with Unusual Volume: PWBWednesday's ETF with Unusual Volume: PWB
Related symbols: PWB,FB,MU,MDLZ,BIIB
Wednesday's ETF Movers: IDU, GDXJWednesday's ETF Movers: IDU, GDXJ
Related symbols: NRG,CPN,EDV.CA,MUX,GDXJ,IDU
Wednesday's ETF Movers: IDU, GDXJWednesday's ETF Movers: IDU, GDXJ
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Daily Dividend Report: SPG, MCK, BBT, TROW, STJ, TXT, CNP, BCDaily Dividend Report: SPG, MCK, BBT, TROW, STJ, TXT, CNP, BC
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Daily Dividend Report: AAPL, ABBV, AEP, WPZ, LLY, SO, NSC, EXC, ETN, NBL, WHR, CCE, LLL, HLSDaily Dividend Report: AAPL, ABBV, AEP, WPZ, LLY, SO, NSC, EXC, ETN, NBL, WHR, CCE, LLL, HLS
Related symbols: AAPL,ABBV,AEP,WPZ,LLY,SO,NSC,EXC,ETN,NBL,WHR,CCE,LLL,HLS
Daily Dividend Report: HAL, VFC, ERF, AMGN, NEE, MOS, SJM, SEEDaily Dividend Report: HAL, VFC, ERF, AMGN, NEE, MOS, SJM, SEE
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Daily Market Wrap: January 22, 2013 | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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