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.
Thursday Sector Laggards: Apparel Stores, Construction Stocks
Related symbols: LB, LE, EME, TPC
Thursday Sector Leaders: Oil & Gas Refining & Marketing, Electric Utilities
Related symbols: CLMT, AMRS, FE, EBR
Wednesday Sector Laggards: Precious Metals, Oil & Gas Exploration & Production Stocks
Related symbols: GMO, TRX, PKD, ORIG
Thursday's ETF with Unusual Volume: PPH
Related symbols: PPH, PFE, VRX, ENDP, GWPH
Thursday's ETF Movers: GDXJ, XME
Related symbols: TGZ.CA, GUY.CA, KALU, X, XME, GDXJ
EWJ, FINZ: Big ETF Outflows
Related symbols: EWJ, FINZ
Daily Dividend Report: CB, MTB, WR, ESS, CI
Related symbols: CB, MTB, WR, ESS, CI
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Related symbols: DHR, ETN, XEL, MIC, AGO, DE
Daily Dividend Report: HD, NEE, AET, WMB, PEG, GPC
Related symbols: HD, NEE, AET, WMB, PEG, GPC
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Daily Market Wrap: January 24, 2013
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