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Daily Market Wrap: January 23, 2013
Wednesday, January 23, 4:26 PM ET

The markets edged higher today with tech stocks leading the way as investors cheered several positive earnings reports.

The Mortgage Bankers Association is reporting a 7 percent increase in mortgage applications from a week earlier, marking the third straight week of gains.

It was another busy day on the earnings front with McDonalds (NYSE:MCD) reporting better-than-expected earnings and revenue, sending shares higher today. However, the fast food giant warned of lower sales in the first quarter.

Also among Dow components, United Technologies (NYSE:UTX) posted a decline in profit, but still managed to beat expectations.

Coach (NYSE:COH) shares were trading lower today after the company said sales in the holiday quarter were weaker than expected.

Tomorrow, we'll take a look at the numbers for weekly jobless claims as well as earnings from 3M (NYSE:MMM) and Bristol-Myers (NYSE:BMY).

For Marketnewsvideo.com, I'm Sayoko Murase.

Daily Market Wrap: January 23, 2013 picture
Tuesday 2/20 Insider Buying Report: CRM, GRATuesday 2/20 Insider Buying Report: CRM, GRA
Related symbols: CRM,GRA
Friday 2/16 Insider Buying Report: DHCP, HCPFriday 2/16 Insider Buying Report: DHCP, HCP
Related symbols: DHCP,HCP
Thursday 2/15 Insider Buying Report: CSS, HOLXThursday 2/15 Insider Buying Report: CSS, HOLX
Related symbols: CSS,HOLX
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The Top 10 DividendRank'ed DJIA Components
S&P 500 Movers: WMT, NBLS&P 500 Movers: WMT, NBL
Related symbols: WMT,NBL
Nasdaq 100 Movers: QCOM, ADINasdaq 100 Movers: QCOM, ADI
Related symbols: QCOM,ADI
Dow Movers: WMT, INTCDow Movers: WMT, INTC
Related symbols: WMT,INTC
Dow Analyst Moves: PFEDow Analyst Moves: PFE
Related symbols: PFE
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S&P 500 Analyst Moves: ANDVS&P 500 Analyst Moves: ANDV
Related symbols: ANDV
S&P 500 Analyst Moves: TJXS&P 500 Analyst Moves: TJX
Related symbols: TJX
Tuesday Sector Laggards: Precious Metals, Advertising StocksTuesday Sector Laggards: Precious Metals, Advertising Stocks
Related symbols: VGZ,AAU,WPP,MDCA
Tuesday Sector Leaders: Agriculture & Farm Products, SemiconductorsTuesday Sector Leaders: Agriculture & Farm Products, Semiconductors
Related symbols: TYHT,SANW,ATOM,UCTT
Friday Sector Laggards: Precious Metals, Metals & Mining StocksFriday Sector Laggards: Precious Metals, Metals & Mining Stocks
Related symbols: AUY,VGZ,CLD,LAC
Tuesday's ETF with Unusual Volume: SPYVTuesday's ETF with Unusual Volume: SPYV
Related symbols: SPYV,WMT,BAC,NBL
Tuesday's ETF Movers: SOXX, GDXJTuesday's ETF Movers: SOXX, GDXJ
Related symbols: MKSI,CRUS,OR,OSK.CA,GDXJ,SOXX
IWM, VIXM: Big ETF OutflowsIWM, VIXM: Big ETF Outflows
Related symbols: IWM,VIXM,NKTR,BLUE
Daily Dividend Report: WMT, HD, WM, PEG, HALDaily Dividend Report: WMT, HD, WM, PEG, HAL
Related symbols: WMT,HD,WM,PEG,HAL
Daily Dividend Report: NEE, ITT, MPW, WEN, NUSDaily Dividend Report: NEE, ITT, MPW, WEN, NUS
Related symbols: NEE,ITT,MPW,WEN,NUS
Daily Dividend Report: CSCO, KO, AMAT, ITW, SLFDaily Dividend Report: CSCO, KO, AMAT, ITW, SLF
Related symbols: CSCO,KO,AMAT,ITW,SLF
Fed Tapers Bond BuyingFed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in FebruaryNonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
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Week Ahead Market Report: May 18, 2015Week Ahead Market Report: May 18, 2015
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Week Ahead Market Report: May 4, 2015Week Ahead Market Report: May 4, 2015
Related symbols: BAC,AAPL,MSFT,ICLD,NOK
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Daily Market Wrap: January 23, 2013 | Market News Video | Copyright © 2008 - 2018, All Rights Reserved

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