Daily Market Wrap: January 29, 2013 Tuesday, January 29, 4:12 PM ET
After a flat open on Wall Street, the markets gained momentum in the afternoon, pushing the Dow and the S&P 500 higher.
The Conference Board is reporting a sharp drop in consumer confidence, down to 58.6 in January.
Also on the economic front, home prices in the U.S. were up 5.5 percent in November from a year ago, according to the Case-Shiller housing price index.
There was plenty of news on the earnings front with pharmaceutical companies Pfizer (NYSE:
PFE) and Eli Lilly (NYSE: LLY) both edging past Wall Street expectations.
Shares of both drugmakers are trading higher today.
Among tech earnings, Yahoo (NASDAQ:
YHOO) reported better than expected profit for the fourth quarter, while revenue met expectations.
VMW) posted disappointing earnings guidance, sending shares lower today. The company also announced 900 job cuts.
Tomorrow, we'll take a look at the numbers for weekly mortgage applications as well as earnings from Amazon.com (NASDAQ:
For Marketnewsvideo.com, I'm Sayoko Murase.
Wednesday Sector Leaders: Rental, Leasing, & Royalty, Precious Metals
Related symbols: HGT, MTR, ANV, MVG
Wednesday Sector Laggards: General Contractors & Builders, Sporting Goods & Activities
Related symbols: MTH, HXM, MANU, WBAI
Monday Sector Leaders: Rental, Leasing, & Royalty, Department Stores
Related symbols: REFR, NRT, JCP, SHLD
Wednesday's ETF with Unusual Volume: FEMS
Related symbols: FEMS, JASO, DANG, IMOS, XIN
Wednesday's ETF Movers: GDX, XBI
Related symbols: ASR.CA, DGC.CA, PBYI, ICPT, XBI, GDX
XLV, CHIX: Big ETF Outflows
Related symbols: XLV, CHIX, JNJ, PFE
Daily Dividend Report: CNI, MWE, SXL, CMA, DD
Related symbols: CNI, MWE, SXL, CMA, DD
Daily Dividend Report: MET, SPG, SO, NBL, SYK
Related symbols: MET, SPG, SO, NBL, SYK
Daily Dividend Report: OKE, NRG, HAS, ED, COL
Related symbols: OKE, NRG, HAS, ED, COL
Weekly Market Wrap: April 17, 2014
Related symbols: SHW, MS, GS, CSX
Weekly Market Wrap: April 11, 2014
Related symbols: WY, F, LEN
Weekly Market Wrap: April 4, 2014
Related symbols: TJX, PNC, IR, LINE, LNCO
Week Ahead Market Report: April 21, 2014
Related symbols: AMD, FB, ZNGA, AOS, AMGN, T, CMCSA, EAT, IR, BA, AMZN, F, AAN
Week Ahead Market Report: April 14, 2014
Related symbols: SCHW, KO, BAC, GS
Week Ahead Market Report: April 7, 2014
Related symbols: AA, BBBY, STZ, RAD, FAST
All videos » |
Stock market definitions »
Daily Market Wrap: January 29, 2013
| Market News Video | Copyright © 2008 - 2014, All Rights Reserved
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.