Daily Market Wrap: January 24, 2013 Thursday, January 24, 5:26 PM ET
A better than expected unemployment report helped send the S&P 500 above 1,500 for the first time since December 2007.
Weekly jobless claims fell to a nearly 5-year low, down 5000 to a seasonally adjusted 330,000, according to the Labor Department.
Meanwhile, the Conference Board said leading indicators rose 0.5 percent in December, while economists had forecast a rise of 0.3 percent.
MMM) reported a 3.9 percent rise in fourth quarter earnings, thanks to broad sales growth and stronger margins.
Earnings results were in line with expectations.
NFLX) rallied today after surprising Wall Street with a profit of 13 cents per share in the fourth quarter, handily beating expectations.
Tomorrow, we'll take a look at new home sales as well as earnings from P&G (NYSE:
PG) and Halliburton (NYSE: HAL).
For Marketnewsvideo.com, I'm Sayoko Murase.
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Daily Market Wrap: January 24, 2013
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