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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
Wednesday 11/26 Insider Buying Report: SNBC, TRUEWednesday 11/26 Insider Buying Report: SNBC, TRUE
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Wednesday 11/26 Insider Buying Report: TLLPWednesday 11/26 Insider Buying Report: TLLP
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Nasdaq 100 Movers: SPLS, ADINasdaq 100 Movers: SPLS, ADI
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S&P 500 Movers: DO, ADIS&P 500 Movers: DO, ADI
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Dow Movers: CVX, PFEDow Movers: CVX, PFE
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S&P 500 Analyst Moves: MHFIS&P 500 Analyst Moves: MHFI
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Dow Analyst Moves: JNJDow Analyst Moves: JNJ
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S&P 500 Analyst Moves: BWAS&P 500 Analyst Moves: BWA
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Wednesday Sector Laggards: Oil & Gas Exploration & Production, Paper & Forest ProductsWednesday Sector Laggards: Oil & Gas Exploration & Production, Paper & Forest Products
Related symbols: SDRL,NADL,RFP,UFS
Wednesday Sector Leaders: Semiconductors, ComputersWednesday Sector Leaders: Semiconductors, Computers
Related symbols: ANAD,AMBA,ANET,HILL
Tuesday Sector Leaders: Precious Metals, Manufacturing StocksTuesday Sector Leaders: Precious Metals, Manufacturing Stocks
Related symbols: SAND,SA,CRNT,WSTL
Wednesday's ETF with Unusual Volume: OEFWednesday's ETF with Unusual Volume: OEF
Related symbols: OEF,AAPL,FB,HPQ,SLB
Wednesday's ETF Movers: GXC, OIHWednesday's ETF Movers: GXC, OIH
Related symbols: BITA,CMCM,SDRL,DO,OIH,GXC
SH, TMF: Big ETF OutflowsSH, TMF: Big ETF Outflows
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Daily Dividend Report: MRK, CBS, ADI, BDC, FGPDaily Dividend Report: MRK, CBS, ADI, BDC, FGP
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Daily Dividend Report: BDX, HRL, VAL, EXR, DSW, CHSDaily Dividend Report: BDX, HRL, VAL, EXR, DSW, CHS
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Daily Dividend Report: AET, CATY, ACE, PPL, UGI, DCI, TDS, CYDaily Dividend Report: AET, CATY, ACE, PPL, UGI, DCI, TDS, CY
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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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