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 (
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.
Thursday Sector Laggards: Agriculture & Farm Products, Music & Electronics Stores
Related symbols: LUK, SANW, BBY, RCII
Thursday Sector Leaders: Cigarettes & Tobacco, Apparel Stores
Related symbols: UVV, AOI, CATO, SMRT
Wednesday Sector Laggards: Oil & Gas Exploration & Production, Vehicle Manufacturers
Related symbols: SDRL, CRK, ADOM, THO
Thursday's ETF with Unusual Volume: PXE
Related symbols: PXE, SWN, DNR, DK, FANG
Thursday's ETF Movers: IYT, LIT
Related symbols: KSU, ALK, ALB, LAC.CA, LIT, IYT
Wednesday's ETF with Unusual Volume: EMGF
Related symbols: EMGF, BABA, TAL, EDU, MBT
Daily Dividend Report: BGS, DCI, OMC, FL, MAA
Related symbols: BGS, DCI, OMC, FL, MAA
Daily Dividend Report: MRK, HRL, CLX, ESS, KSS
Related symbols: MRK, HRL, CLX, ESS, KSS
Daily Dividend Report: RYN, MNRO, AET, HAL, WLK, O
Related symbols: RYN, MNRO, AET, HAL, WLK, O
Weekly Market Wrap: August 14, 2015
Related symbols: BAC, AMAT, AAPL, S, SYY
Weekly Market Wrap: August 7, 2015
Related symbols: SUNE, BAC, CHK, GRPN, AAPL
Weekly Market Wrap: July 31, 2015
Related symbols: BAC, MU, AAPL, SUNE, FB
Week Ahead Market Report: June 8, 2015
Related symbols: BAC, FTR, AAPL, INTC, MNKD
Week Ahead Market Report: May 18, 2015
Related symbols: BAC, AAPL, VALE, T
Week Ahead Market Report: May 4, 2015
Related symbols: BAC, AAPL, MSFT, ICLD, NOK
All videos » |
Stock market definitions »
Daily Market Wrap: January 29, 2013
| Market News Video | Copyright © 2008 - 2018, 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.