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Daily Market Wrap: January 30, 2013
Wednesday, January 30, 4:09 PM ET

The markets drifted lower today as investors took in some disappointing economic data which was offset by upbeat corporate earnings.

The Commerce Department is reporting that the U.S. economy contracted unexpectedly at a rate of 0.1 percent in the fourth quarter. Reduced military spending and fewer exports are being blamed for the drop.

Research in Motion (RIMM) has changed its company name to Blackberry as the smartphone maker unveiled its new smartphone, Blackberry 10.

However, the launch did not boost the share price.

Boeing (NYSE:BA) beat profit and revenue estimates for its fourth quarter and the aircraft manufacturer also dismissed the idea that issues surrounding its 787 Dreamliner would affect its bottom line.

Tomorrow, we'll take a look at the numbers for weekly jobless claims as well as earnings from Mastercard (NYSE:MA).

For Marketnewsvideo.com, I'm Sayoko Murase.

Daily Market Wrap: January 30, 2013 picture
Tuesday 7/29 Insider Buying Report: T, CLBTuesday 7/29 Insider Buying Report: T, CLB
Related symbols: T,CLB
Monday 7/28 Insider Buying Report: QDEL, HAFCMonday 7/28 Insider Buying Report: QDEL, HAFC
Related symbols: QDEL,HAFC
Monday 7/28 Insider Buying Report: NHF, PCIMonday 7/28 Insider Buying Report: NHF, PCI
Related symbols: NHF,PCI
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S&P 500 Movers: GLW, WINS&P 500 Movers: GLW, WIN
Related symbols: GLW,WIN
Nasdaq 100 Movers: VIP, WYNNNasdaq 100 Movers: VIP, WYNN
Related symbols: VIP,WYNN
Dow Movers: UNH, TDow Movers: UNH, T
Related symbols: UNH,T
S&P 500 Analyst Moves: HONS&P 500 Analyst Moves: HON
Related symbols: HON
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S&P 500 Analyst Moves: NWLS&P 500 Analyst Moves: NWL
Related symbols: NWL
S&P 500 Analyst Moves: SPGS&P 500 Analyst Moves: SPG
Related symbols: SPG
Monday Sector Leaders: Electric Utilities, Department StoresMonday Sector Leaders: Electric Utilities, Department Stores
Related symbols: KEP,CPN,FDO,DLTR
Monday Sector Laggards: Metals Fabrication & Products, DrugsMonday Sector Laggards: Metals Fabrication & Products, Drugs
Related symbols: AWI,SSD,ACRX,HZNP
Friday Sector Leaders: Precious Metals, Transportation ServicesFriday Sector Leaders: Precious Metals, Transportation Services
Related symbols: PPP,GFI,ECHO,TAL
TLT, FKO: Big ETF OutflowsTLT, FKO: Big ETF Outflows
Related symbols: TLT,FKO
BSCE, RUSL: Big ETF InflowsBSCE, RUSL: Big ETF Inflows
Related symbols: BSCE,RUSL,GS,PRU,RSX
Monday's ETF with Unusual Volume: IYJMonday's ETF with Unusual Volume: IYJ
Related symbols: IYJ,GE,XRX,LECO,SSD
Daily Dividend Report: K, WWE, AMGN, ETR, AVY, RBCDaily Dividend Report: K, WWE, AMGN, ETR, AVY, RBC
Related symbols: K,WWE,AMGN,ETR,AVY,RBC
Daily Dividend Report: DAL, CP, CMCSA, HON, NEE, TWC, SCHW, AA, NE, MAC, TAPDaily Dividend Report: DAL, CP, CMCSA, HON, NEE, TWC, SCHW, AA, NE, MAC, TAP
Related symbols: DAL,CP,CMCSA,HON,NEE,TWC,SCHW,AA,NE,MAC,TAP
Daily Dividend Report:  INTC, MRK, V, BLK, AALDaily Dividend Report: INTC, MRK, V, BLK, AAL
Related symbols: INTC,MRK,V,BLK,AAL
Fed Tapers Bond BuyingFed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in FebruaryNonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
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Related symbols: FB,SIRI,AAPL,F,INTC,BAX,ALL,CCE,JNJ,HAL
Weekly Market Wrap: July 18, 2014Weekly Market Wrap: July 18, 2014
Related symbols: AMD,BAC,ZNGA,GE,SLB,GLW,CAG,GS
Weekly Market Wrap: July 11, 2014Weekly Market Wrap: July 11, 2014
Related symbols: AAPL,BAC,FB,GE,MTG,OXY,TMO,CVS,COP,PSX,CSX
Week Ahead Market Report: July 28, 2014Week Ahead Market Report: July 28, 2014
Related symbols: RAD,SIRI,FB,AAPL,AET,AXP,CG,DDR,DDD,CI,COP,WY
Week Ahead Market Report: July 21, 2014Week Ahead Market Report: July 21, 2014
Related symbols: GE,PLUG,FB,BAC,CMCSA,CA,ETFC,DAL,AMZN,BIDU,AON
Week Ahead Market Report: July 14, 2014Week Ahead Market Report: July 14, 2014
Related symbols: AMD,BAC,AAPL,C,GS,BAC,AMD,GE
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Daily Market Wrap: January 30, 2013 | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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