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: General Contractors & Builders, Trucking Stocks
Related symbols: LEN, CVCO, YRCW, SAIA
Wednesday Sector Laggards: Packaging & Containers, Agriculture & Farm Products
Related symbols: OI, RKT, GRO, CRESY
Tuesday Sector Leaders: Metals & Mining, Beverages & Wineries
Related symbols: SCOK, SLCA, REED, SODA
Wednesday's ETF with Unusual Volume: EWC
Related symbols: EWC, BBRY, TCK, BAM
Wednesday's ETF Movers: ITB, VPL
Related symbols: LEN, CVCO, SNE, WBK, VPL, ITB
JNK, RXL: Big ETF Outflows
Related symbols: JNK, RXL, ABT, ABBV
Daily Dividend Report: DX, MA, BMY, USB, CLX, FE
Related symbols: DX, MA, BMY, USB, CLX, FE
Daily Dividend Report: NGPC, CPT, KRC, DEI, UMPQ
Related symbols: NGPC, CPT, KRC, DEI, UMPQ
Daily Dividend Report: CPG, IRM, VET, SRE, XEC, ARE, LPT, LHO
Related symbols: CPG, IRM, VET, SRE, XEC, ARE, LPT, LHO
Weekly Market Wrap: September 12, 2014
Related symbols: S, BAC, EBAY, AAPL, YHOO, CL, TYC, PM, IP, AMAT
Weekly Market Wrap: September 5, 2014
Related symbols: BAC, AAPL, VALE, GILD, HES, AEO, EGAS, DOW, FDO
Weekly Market Wrap: August 29, 2014
Related symbols: RSH, AAPL, BAC, TWTR, HUM, BBY, CSCO, LOW, PPL, SYY
Week Ahead Market Report: September 15, 2014
Related symbols: BAC, YHOO, AAPL, NOK, AVNR, ADBE, LEN, CAG, ORCL
Week Ahead Market Report: September 8, 2014
Related symbols: BAC, YHOO, MSFT, AAPL, BKS, RH, KR, DRI
Week Ahead Market Report: September 2, 2014
Related symbols: CWPR, AAPL, BAC, HRB, JOY, PAY
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.