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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
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Tuesday 7/29 Insider Buying Report: CPSS, TWITuesday 7/29 Insider Buying Report: CPSS, TWI
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Tuesday 7/29 Insider Buying Report: T, CLBTuesday 7/29 Insider Buying Report: T, CLB
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S&P 500 Analyst Moves: MCKS&P 500 Analyst Moves: MCK
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S&P 500 Analyst Moves: HONS&P 500 Analyst Moves: HON
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Tuesday Sector Leaders: Biotechnology, Metals Fabrication & ProductsTuesday Sector Leaders: Biotechnology, Metals Fabrication & Products
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Tuesday Sector Laggards: Shipping, Rubber & PlasticsTuesday Sector Laggards: Shipping, Rubber & Plastics
Related symbols: DSX,SSW,EMN,CXDC
Monday Sector Leaders: Electric Utilities, Department StoresMonday Sector Leaders: Electric Utilities, Department Stores
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FXR, FGM: Big ETF OutflowsFXR, FGM: Big ETF Outflows
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EEM, ZMLP: Big ETF InflowsEEM, ZMLP: Big ETF Inflows
Related symbols: EEM,ZMLP,MBT,BAP
Tuesday's ETF with Unusual Volume: VDCTuesday's ETF with Unusual Volume: VDC
Related symbols: VDC,RAD,HLF,JJSF
Daily Dividend Report: IBM, EXC, WYNN, ENR, CLF, VLO, CR, DKDaily Dividend Report: IBM, EXC, WYNN, ENR, CLF, VLO, CR, DK
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Daily Dividend Report: K, WWE, AMGN, ETR, AVY, RBCDaily Dividend Report: K, WWE, AMGN, ETR, AVY, RBC
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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
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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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Daily Market Wrap: January 30, 2013 | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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