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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
Thursday 9/3 Insider Buying Report: AHH, IECThursday 9/3 Insider Buying Report: AHH, IEC
Related symbols: AHH,IEC
Wednesday 9/2 Insider Buying Report: AOD, WYWednesday 9/2 Insider Buying Report: AOD, WY
Related symbols: AOD,WY
Tuesday 9/1 Insider Buying Report: SNR, CXWTuesday 9/1 Insider Buying Report: SNR, CXW
Related symbols: SNR,CXW
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S&P 500 Movers: JOY, FTRS&P 500 Movers: JOY, FTR
Related symbols: JOY,FTR
Nasdaq 100 Movers: NFLX, MDLZNasdaq 100 Movers: NFLX, MDLZ
Related symbols: NFLX,MDLZ
Dow Movers: CAT, CVXDow Movers: CAT, CVX
Related symbols: CAT,CVX
S&P 500 Analyst Moves: COFS&P 500 Analyst Moves: COF
Related symbols: COF
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S&P 500 Analyst Moves: RTNS&P 500 Analyst Moves: RTN
Related symbols: RTN
Dow Analyst Moves: AAPLDow Analyst Moves: AAPL
Related symbols: AAPL
Thursday Sector Laggards: Drugs, Biotechnology StocksThursday Sector Laggards: Drugs, Biotechnology Stocks
Related symbols: TRVN,AKBA,KERX,TROV
Thursday Sector Leaders: Advertising, Packaging & ContainersThursday Sector Leaders: Advertising, Packaging & Containers
Related symbols: MM,MCHX,GEF,OI
Wednesday Sector Laggards: Precious Metals, Entertainment StocksWednesday Sector Laggards: Precious Metals, Entertainment Stocks
Related symbols: HMY,GFI,SFXE,EROS
Thursday's ETF with Unusual Volume: SEAThursday's ETF with Unusual Volume: SEA
Related symbols: SEA,NAT,DHT,GLOP,NMM
Thursday's ETF Movers: VLUE, XBIThursday's ETF Movers: VLUE, XBI
Related symbols: ALV,KSS,KERX,RGLS,XBI,VLUE
VWO, AGND: Big ETF OutflowsVWO, AGND: Big ETF Outflows
Related symbols: VWO,AGND,MBT,SPP
Daily Dividend Report: CB, MJN, TYC, NUE, TCO, VGRDaily Dividend Report: CB, MJN, TYC, NUE, TCO, VGR
Related symbols: CB,MJN,TYC,NUE,TCO,VGR
Daily Dividend Report: AVB, HOG, TSS, SNV, PNYDaily Dividend Report: AVB, HOG, TSS, SNV, PNY
Related symbols: AVB,HOG,TSS,SNV,PNY
Daily Dividend Report: GGP, PKG, LAMR, COR, STC, GEF, SALMDaily Dividend Report: GGP, PKG, LAMR, COR, STC, GEF, SALM
Related symbols: GGP,PKG,LAMR,COR,STC,GEF,SALM
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: BAC,AMAT,AAPL,S,SYY
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Related symbols: BAC,AAPL,MSFT,ICLD,NOK
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Daily Market Wrap: January 30, 2013 | Market News Video | Copyright © 2008 - 2015, All Rights Reserved

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